"Performance" Drinda earned 14.16 million RMB in the first quarter, turning a loss into a profit
Drinda (02865.HK) announced that for the first quarter ending in March, according to Chinese accounting standards, the operating revenue was RMB 1.694 billion, a year-on-year decrease of 9.6%. The net profit attributable to shareholders was RMB 14.16 million, compared to a loss of RMB 106 million in the same period last year, turning from loss to profit, mainly benefiting from the increase in the sales price of battery cells; earnings per share were 5 cents
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