02
Feb
06:47
Tianqi Lithium foresees roughly 70% net profit decline in 2023
As many other Chinese lithium players, Shenzhen-listed Tianqi Lithium also estimates a considerable decline in its 2023 profitability. The company said its net profit should range between CNY 6.62 billion ($932 million) and CNY 8.95 billion, an on-year decline of 63%-72.5%, Kallanish learns.
“Affected by the fluctuations in the lithium chemical product market, the retail prices of the company’s lithium chemical products decreased year-on-year, an…
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Anonymous
Very good overview of the weekly steel market.
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