Tongling Nonferrous Metals Group Co., Ltd. Class ASZSE: 000630

Tongling Nonferrous Metals Group: Net profit dropped 33.94% year-over-year despite revenue growth and ongoing investments

· Issued by Tongling Nonferrous Metals Group Co., Ltd. Class A

Revenue grew 6.39% year-over-year, but net profit fell 33.94% due to higher tax from overseas subsidiary dividends. Cash flow and margins declined, while major investments and share buybacks continued.

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 Tongling Nonferrous Metals Group Co., Ltd. Class A

All Tongling Nonferrous Metals Group Co., Ltd. Class A news releases