Lingda Group: a Net Loss of 27.565 Million Yuan in Q1 2022

PVTIME – On April 18, Lingda Group Co.,Ltd. (300125.SZ), a leading engineering technology company specializing in the development of new energy, environmental improvement and energy conservation, released its financial report for Q1 2022.

During the reporting period, Lingda Group achieved an operating income of 273 million yuan, a year-on-year increase of 3.14%. Yet the net profit attributable to shareholders of the listed company was -27.565 million yuan, a year-on-year decrease of 1107.37%. The net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was -32.2146 million yuan, a year-on-year decrease of 274.80%. Its net cash inflow from operating activities was 47.3477 million yuan, while in the same period last year its net outflow was 115 million yuan. And the basic earnings per share was -0.1038 yuan.

According to Lingda Group’s annual report 2021, its sales revenue was 976,050,996.46 yuan as 262,581,248 pieces of monocrystalline silicon were sold.

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