28
Jan
03:53
Ganfeng sees net profit up over 360% y-o-y
Shenzhen-listed A-share lithium product developer and producer Ganfeng Lithium expects an on-year increase of over 360% in net profit for 2021.
According to a company announcement, its net profit was about CNY 4.8-5.5 billion ($755.30-865.45 million), an on-year increase of 368.45%-436.76%. After deducting non-recurring gains and losses, the scale of increase in net profit during last year was about 621%-795.04%.
Ganfeng says in the report: …
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Very good overview of the weekly steel market.
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