Fangda carbon: net profit in the first quarter increased by 557% compared with the same period last year.

Fangda carbon: first-quarter net profit rose 557% compared with the same period last year. Fangda carbon disclosed its first-quarter report that its operating income reached 1.346 billion yuan in the first quarter, an increase of 17.11% over the same period last year. Fangda's net profit was 221 million yuan, an increase of 556.87% over the same period last year. The increase in net profit is mainly due to the increase in investment income and fair value over the same period last year.