23
Aug
09:05
Jiangte Motor's H1 net profit surges 643.50% y-o-y
Shenzhen-listed Jiangxi Special Electric Motor (Jiangte Motor) recently released its half-year report. According to this report, during the first half of this year, its operating income reached CNY 2.71 billion ($395.87 million), an on-year increase of 98.58%; its net profit reached CNY 1.35 billion, an on-year increase of 643.50%.
During H1 2022, the gross profit margin of its lithium carbonate business (including both industry and battery gr…
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Very good overview of the weekly steel market.
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