18
Jul
08:31
Shenzhen Dynanonic estimates huge losses in H1 2023
Chinese leading battery cathode materials company Dynanonic estimates a net loss of about CNY 1.04-1.17 billion ($145-163m) in H1 2023, reverting a net profit achieved a year ago, Kallanish learns.
The current performance is around 181-191% lower than the net profit of CNY 1.28 billion in H1 2022. It also compares to net earnings of over CNY 2 billion in H2 2022.
The company explained that in the first half of this year, its revenue and sales volume both achieve…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous