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08 Feb
09:57

Canmax reports over 200% net profit increase y-o-y

Shenzhen-listed A-share company Suzhou TA&A Ultra Clean Technology (Canmax) has released its annual report for 2021. During the reporting period, it achieved operating income of about CNY 3.4 billion ($533,72m), an on-year increase of 158.73%. Its net profit was about CNY 911m, an on-year increase of 218.44%.  According to company statements, the financial growth is mainly due to its sales increase in lithium-ion battery materials. Mos…
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