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China Tungsten And Hightech Materials: Q1 revenue and profit soared on higher tungsten prices, but cash flow turned negative

China Tungsten And Hightech Materials: Q1 revenue and profit soared on higher tungsten prices, but cash flow turned negative

China Tungsten & Hightech Materials Co. Ltd. Class AApril 26, 20265
China Tungsten And Hightech Materials: Q1 revenue and profit soared on higher tungsten prices, but cash flow turned negative

About this update from China Tungsten & Hightech Materials Co. Ltd. Class A

Revenue and net profit surged over 100% and 260% year-over-year, driven by higher tungsten prices and sales volumes. Cash flow was negative due to increased inventory and prepayments, while borrowings rose to support growth.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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