Duofuduo (February 24th 002407) released 2016 annual results letters, in 2016 the company achieved total revenue of 2 billion 871 million yuan, an increase of 30.68%, attributable to shareholders of listed companies net profit of 517 million yuan, an increase of 1219.5%.
Fluoride said growth was mainly due to the company's main products quality and quantity, expanding production efficiency, increase sales, prices, make a significant contribution to corporate profit growth, gross margin increased from 17.37% last year to 41.17% this year.