News Military Culture History Sports NBA Video Entertainment Finance World Science & Technology Auto Real Estate Fashion Health Education Parenting Travel Food Constellation Sohu Finance Domestic Finance 21st Century 100 Edition Year-end Special 21st Century · Energy Big Wisdom Arasta News Agency June 6, Dongfang Heating (300217.SZ) Securities Department said on the interactive platform on Friday that the company's industrial electric heater electric heating core orders are stable in the second quarter so far, and civil electric heater orders are good. Dongfang Heating's first quarter performance was satisfactory, with a year-on-year increase of 41.97%; net profit of 25.8284 million yuan was achieved, a year-on-year increase of 40.71%. The company previously expected first quarter net profit to increase by 10%-40% year-on-year, and the actual growth rate of 41.97% shows the company's operating capability. The main reason for the increase in net profit in the first quarter was the growth in sales revenue of civil electric heater products.
