Shandong Kaisheng New Materials Co.Ltd(301069) 2022 first quarter net profit increased by 33.58% year on year

On the evening of April 21, Shandong Kaisheng New Materials Co.Ltd(301069) released the report for the first quarter of 2022. During the reporting period, the company achieved an operating revenue of 258 million yuan, a year-on-year increase of 31.35%, a net profit attributable to shareholders of listed companies of 68.84 million yuan, a year-on-year increase of 33.58%, and a net profit attributable to shareholders of listed companies deducting recurring profits and losses of 67.1 million yuan, a year-on-year increase of 33.71%. The basic earnings per share was 0.1637 yuan / share.

The announcement pointed out that during the reporting period, the company’s performance growth was mainly due to the higher product price than the same period last year.

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