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13 Apr
08:54

CNGR sees Q1 net profit up with capacity release

Shenzhen-listed lithium-ion battery ternary precursor company CNGR Advanced Material (CNGR) released its preliminary earnings forecast for the first quarter of 2022. It predicts a 17.23%-25.74% on-year increase in net profit attributable to parent during this period.  According to the announcement released on 13 April via the Shenzhen Stock Exchange, the company's net profit attributable to parent was about CNY 248-266 million ($38.96-41.79m) during the f…
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