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21 Jan
16:08

OxiranChem sees net profit fall over 10% y-o-y

Liaoning Oxiranchem expects an over 10% decrease in its net profit for fiscal 2021, according to its estimated earnings review.  According to the review, its net profit attributable to parent was about CNY 345-355 million ($54.42-56m), suggesting an on-year decrease of 14.33%-11.85%. It mainly ascribed the loss to the pandemic and rising raw material prices, Kallanish learns.  "The production and sales of lithium battery electrolyte …
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