PLS 1.81% $4.08 pilbara minerals limited

Good News & Bad News, page-27885

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    Bad day at Hang Seng down 1.76%.

    Hang Seng Tech Index down 3.6%.

    News are most lithium battery / new energy related companies had a shocking first Q, which weighted down the whole sector:

    - Hunan Changyuan Lico's first quarter net profit fell by 99.69% year-on-year. SP down 20% today.

    - Jiangxi Special Electric Motor first quarter net profit fell by 92.39% year-on-year. SP down 10% today.

    - Xinxiang Tianli Energy Co first quarter net profit fell by 99.15% year-on-year. SP down 14% today.

    - Jiangsu Azure reported first quarter loss of RMB 12.55M. SP down 10% today.

    - Shinghwa Advance Material first quarter net profit expected to fall by 98% year-on-year. SP down 10% today.

    - Hunan Yuneng New Energy net profit in the first quarter has dropped by 72% year-on-year. SP down 8% today.

    Ganfeng is reporting on Thursday.

 
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