Cngr Advanced Material Co., Ltd. Class ASZSE: 300919

CNGR Advanced Material Co: H1 2024 revenue up 16.33%, net profit up 12.48%, global expansion accelerates

· Issued by Cngr Advanced Material Co., Ltd. Class A

H1 2024 revenue rose 16.33% to ¥20.09B, with net profit up 12.48% to ¥864M. Overseas expansion, especially in Indonesia, drove nickel output and global sales, while gross margin and cash flow improved. Risks include global supply chain volatility and industry competition.

Original document:

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