Digital building materials DataBM. Com news on April 28, Fuyao Glass announced the first quarter of 20232 results, the company's first quarter revenue of 7.052 billion yuan, an increase of 7.71% year-on-year; net profit of 915 million, an increase of 4.97% year-on-year; Net profit after deduction of non-profits was RMB878 million, representing a year-on-year increase of 2.61%; basic earnings per share was RMB0.35, representing an increase of 6.06% as compared with the previous period.
Fuyao said that in the past quarter, the company was affected by the rising prices of energy and soda ash, which led to an increase in costs. Compared with the same period last year, the combined cost of the two increased by 104 million yuan. However, the decrease in shipping costs increased the total profit of the reporting period by 101 million yuan compared with the same period last year.
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