23
Oct
06:52
Zangge Mining reports slumping Q3 net profit
Shenzhen-listed Zangge Mining recently released its third quarter performance report. According to this report, its Q3 net profit declined 46.73% year-on-year to about CNY 942 million ($128.9m), Kallanish learns.
According to this report, for Q3, Zangge Mining's operating income was about CNY 1.40 billion, an on-year decline of 36.77%. For the first three quarters of this year, the company's net profit was about CNY 2.97 billion, an on-yea…
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Very good overview of the weekly steel market.
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