15
Aug
08:14
Sinomine reports 68% drop in H1 net profit
Shenzhen-listed miner Sinomine Resource Group announced its net profit declined 68.52% to about CNY 473 million in the first half of the year, Kallanish learns.
Its operating income also dropped during this period by 32.76% year-on-year to CNY 2.4 billion. The gross profit margin of its lithium battery-related new energy raw material development and utilisation business declined 30.23% y-o-y to 35.55%.
This business sector mainly covers producing batt…
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Anonymous
Very good overview of the weekly steel market.
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