Ronbay Technology Expects Both Revenue and Net Profit to Decline in 2024 Due to Intensified Market Competition and Raw Material Price Fluctuations

feb 17, 2025, at 8:28 am

[Impacted by Intensified Market Competition and Raw Material Price Fluctuations, Ronbay Technology Expects Revenue and Net Profit to Decline in 2024] ① Based on Ronbay Technology's projected 2024 performance, the company expects to achieve a net profit attributable to shareholders of 176 million yuan in Q4 2024, marking the highest single-quarter profit for the year; ② Ronbay Technology disclosed that the second phase of its South Korea plant is expected to commence trial production in H1 this year; the precursor production line is likely to achieve breakthroughs this year; and layered oxide materials are projected to achieve large-scale mass production and delivery within the year. (Sci-Tech Innovation Board Daily)

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Ronbay Technology Expects Both Revenue and Net Profit to Decline in 2024 Due to Intensified Market Competition and Raw Material Price Fluctuations

Chinese New Year Effect Combined with Weak Demand: How Was the Production of Domestic Primary Aluminum Billets at the Beginning of the Year? [SMM Analysis]

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