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

About this update from 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.
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