In the first three quarters, Prime's revenue was 1.05 billion yuan, up 11% year on year

On October 29, the first three quarters of Prime Material operating revenue of 1.05 billion, compared with the same period last year 950 million, an increase of 11%. In the first three quarters, the parent company of China Electric Research achieved operating revenue of 2.525 billion yuan, a year-on-year growth of 3.86%, and net profit of 257 million yuan, a year-on-year growth of 7.29%. Net profit after deducting non-income was 224 million yuan, up 26.58% year on year.

China Electric Research said that the performance growth, inseparable from the prime material side continued to expand capacity, increase market development, strengthen research and development, constantly introduce new products with high added value, improve the level of factory automation and other ways to build a "moat"; While resisting the adverse impact of raw material fluctuations on profits, quickly respond to changes in downstream market demand.