Cold sharp cobalt industry pre-loss of 38 million to 42 million yuan in the first three quarters

SMM10 11: cold sharp cobalt industry today announced that the first three quarters net profit loss of 38 million yuan-42 million yuan, a profit of 700 million yuan in the same period of last year. Profits fell because cobalt metal prices continued to fall and sales prices of the company's cobalt products fell between the fourth quarter of 2018 and July this year, reducing the company's profitability.

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