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13 Jan
08:28

Zangge sees profit up 500% in 2021

Shenzhen-listed company Zangge Mining saw an on-year increase of 511.65%-533.5% in its net profit attributable during 2021, reaching an estimated CNY 1.4-1.45 billion ($220.12-227.99 million).  According to Zangge, the main reasons for the increase are the price increase of its potassium chloride products, the huge price and sales volume increases of its lithium carbonate products, and its long-term equity investment earnings.  However, t…
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