02
Nov
08:31
Tibet Mining reports 96.94% decline in Q3 net profit
Shenzhen-listed miner Tibet Mineral Development (Tibet Mining) recently announced it’s a 96.94% on-year decline in its Q3 net profit to roughly CNY 2.61 million ($358,901), Kallanish reports.
The company says the Covid-19 pandemic and related lockdowns in Tibet have impacted its production and sales performance.
According to its announcement on 27 October, during Q3 2022, its operating income was about 105.14m, an on-year decline of about 50.01%;…
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