25
Jan
06:50
Dowstone sees net profit up over 700% y-o-y
Shenzhen listed A-share company Guangdong Dowstone Technology (Dowstone) has announced its 2021 annual performance forecast, in which it estimated its net profit would increase over 700% on-year.
Dowstone's profit attributable reached CNY 495-605 million ($78.21-95.59) in 2021, an on-year increase of 717.96%-899.73%, Kallanish learns.
For the new energy battery material sector, the company says that the industry demand continues to improve.
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Very good overview of the weekly steel market.
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