Dahua H1 profit plummets after TDI price halves

摘要

Cangzhou,Hebei-Chinese TDI maker Cangzhou Dahua posted CNY 32m($4.5m)net profits in HI 2019,down from CNY 768m in HI 2018.Revenue during the period dropped 56 year on year to CNY 1.1 bn.China's TDI price in HI 2019 was,on average,56 lower than in HI 2018,the company's half year report said.TDI accounted for 83 of Dahua's total revenue.