Hubei Dinglong Posts Impressive Revenue Increase but Big Net Loss in FY 2020

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On April 9, Hubei Dinglong announced its financial results for fiscal-year 2020, ended December 31, 2020. It was a mixed year for the company. On the one hand, revenue soared. On the other, Dinglong posted a big net loss for the year because the firm took an impairment loss in the fourth quarter, writing down

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