01
Nov
07:26
Shenzhen Dynanonic posts strong net profit growth in Q3
Shenzhen Dynanonic Co says its Q3 net profit increased 372.60% on-year to CNY 547.65 million ($75.40m), thanks to higher sales volumes and selling prices, Kallanish reports.
According to its unaudited financial results, Q3 operating income surged 552.41% y-o-y to CNY 6.86 billion, but operating costs rose by 519.67%. The weighted average return on net assets reached about 6.83%, an on-year increase of about 185 basis points.
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Anonymous
Very good overview of the weekly steel market.
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