Pangang Group Vanadium & Titanium Resources Co., Ltd. Class ASZSE: 000629

Pangang Group Vanadium & Titanium Resources Co: Net profit dropped 83% year-over-year in Q3 2024 amid weak vanadium prices and cost pressures

· Issued by Pangang Group Vanadium & Titanium Resources Co., Ltd. Class A

Q3 2024 saw revenue fall 6% and net profit plunge 83% year-over-year, mainly due to lower vanadium prices and high titanium dioxide costs. Operating cash flow improved, but margins and profitability declined sharply.

Original document:

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

Earlier from Pangang Group Vanadium & Titanium Resources Co., Ltd. Class A

All Pangang Group Vanadium & Titanium Resources Co., Ltd. Class A news releases