China Tungsten & Hightech Materials Co. Ltd. Class ASZSE: 000657

China Tungsten And Hightech Materials: Revenue up 7.13% but net profit down 34.66% year-over-year amid cost pressures

· Issued by China Tungsten & Hightech Materials Co. Ltd. Class A

Revenue grew 7.13% year-over-year to ¥10.23 billion, but net profit fell 34.66% due to higher costs and lower margins. Gross margin declined to 14.86%, and operating cash flow was negative, reflecting ongoing industry challenges.

Original document:

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

Company analysis

Earlier from China Tungsten & Hightech Materials Co. Ltd. Class A

All China Tungsten & Hightech Materials Co. Ltd. Class A news releases