Ningbo Ronbay New Energy Technology Co.Ltd(688005) first quarter net profit increased by 134% - 151%

Ningbo Ronbay New Energy Technology Co.Ltd(688005) issue performance forecast. It is estimated that the net profit attributable to the owners of the parent company in the first quarter of 2022 will be 280 million yuan to 300 million yuan, with a year-on-year increase of 134% to 151%. During the reporting period, the demand for orders maintained a rapid growth trend, the release of the company's production capacity accelerated, and the utilization rate of production capacity remained at a high level; The double rise of production and sales volume has driven the scale effect, promoted the cost reduction and efficiency increase of manufacturing links, and the performance of the current period has increased significantly compared with the same period.

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