The group noted there is a slowdown in consumer spending in the US and Europe given the high inflation.“ In China, consumer spending initially surged after the easing of Covid-19 restrictions earlier this year but has now declined due to a bleak economic outlook....
Locally, Dufu Technology said the increased energy costs resulting from electricity tariff adjustments through the Imbalance Cost Pass-Through mechanism will also further affect its profitability....
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2023-08-29 00:00:00.0