24
Aug
08:44
BTR's H1 operating income increases 142% y-o-y, gross profit down
Beijing-listed leading anode material company BTR recently released its first half-year report for 2022. According to this report, its gross profit fell from H1 2021's 26.62% to H1 2022's 19.56%; during H1 2022, its operating income reached CNY 10.20 billion ($1.49 billion), an on-year increase of 142.47%.
The decline in gross profit is mainly due to rising raw material prices and the processing cost of the key technique - graphitisatio…
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Anonymous
Very good overview of the weekly steel market.
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