Home / Metal News / Tibet Mining: net profit fell 6638.46%-9907.69% in the first quarter of 2020 compared with the same period last year

Tibet Mining: net profit fell 6638.46%-9907.69% in the first quarter of 2020 compared with the same period last year

iconApr 15, 2020 10:11
Source:Tibet mining industry

SMM: recently, Tibet Mining Development Co., Ltd. released the first quarter of 2020 results forecast. During the reporting period, a loss of 1700-25.5 million yuan was recorded in the first quarter of 2020, a decrease of 6638.46%-9907.69% compared with the same period last year.

The main reason for the change in performance: the company's main products chromite, lithium salt market continues to be in the doldrums, and sales are not smooth, sales significantly reduced year-on-year, resulting in losses.

"Click to sign up:" 2020 (Fifth) China International Nickel Cobalt Lithium Summit Forum "

To sign up for the Nickel Cobalt Lithium Summit or apply to enter the industry exchange group, please scan the code:

Performance report
Mining
Tibet
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn