Tianci Materials Expects 65% to 68.5% Decrease in Net Profit for 2023

Published: Jan 30, 2024 19:12

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Tianci Materials: Net Profit is Expected to Decrease by 65% to 68.5% in 2023】Tianci Materials (002709) announced its performance forecast on the evening of January 30, expecting a net profit attributable to the mother of 1.8 billion yuan to 2 billion yuan in 2023, a decrease of 65% to 68.5% compared to the same period last year. During the reporting period, the price of electrolyte products underwent significant adjustments compared to 2022, leading to a decrease in unit profitability and a decline in the performance of this business.

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