27
Jan
07:24
Chengxin Lithium sees net profit rise 2,900% y-o-y
Shenzhen-listed A-share company Chengxin Lithium Group (formerly Guangdong Weihua) has released its 2021 annual performance forecast, in which its net profit rose 2,900% on-year before deductions.
According to the announcement, the company achieved net profit of about CNY 830-920 million ($130.76-144.92m), an on-year increase of about 2,954.31%-3,285.5%. The on-year increase after the deduction was still expected to be over 470%.
The company was …
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Very good overview of the weekly steel market.
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