Guangzhou Tinci Materials Technology Co., LtdSZSE: 002709

Guangzhou Tinci Materials Technology: Net profit plunged 81.56% on lower battery material prices, but sales volumes rose

· Issued by Guangzhou Tinci Materials Technology Co., Ltd

H1 2024 revenue fell 31.76% and net profit dropped 81.56% year-over-year due to battery material price declines and margin pressure, but sales volumes and core competitiveness grew, with ongoing international expansion and R&D investment.

Original document:

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

Company analysis