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13 Jan
09:41

Qinghai Salt Lake Industry sees 2022 net profit increase 234.94%-248.33% y-o-y

Shenzhen-listed Qinghai Salt Lake Industry expects its 2022 net profit to be about CNY 15 billion ($2.24 billion) to CNY 15.6 billion, an on-year increase of about 234.94%-248.33%.  The company says the increases in market prices of potassium chloride and lithium carbonate products contributed to the surge of its performance in 2022. During 2022, it produced about 31,000 tonnes of lithium carbonate and sold about 30,300 t. The proport…
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