29
Aug
07:16
GEM's H1 net profit up 26.77% y-o-y
Shenzhen-listed leading power battery material recycler and manufacturer GEM has released its half-year report. According to this report, during the first half of 2022, GEM realised operating income of about CNY 13.92 billion ($2.01 billion), an on-year increase 74.04%; its net profit reached CNY 681 million, an on-year increase of 26.77%.
During H1 2022, GEM's new energy battery material business realised operating income of about CNY 10.52 billion, an on-yea…
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Very good overview of the weekly steel market.
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