Pangang Group Vanadium & Titanium Resources Logs 83% Drop in Q3 Profit, 6% Decline in Revenue

MT Newswires Live
21 Oct 2024

Pangang Group Vanadium & Titanium Resources (SHE:000629) posted an 82.7% year-over-year drop in third-quarter net profit attributable to shareholders to 45.9 million yuan, or 0.0043 yuan per share.

The vanadium and titanium product manufacturer's revenue contracted 6.0% to 3.32 billion yuan, according to an Oct. 18 filing with the Shenzhen bourse.

Price (RMB): ¥2.70, Change: ¥-0.020, Percent Change: -0.74%

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