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30 Jan
05:09

Chinese pipe firms expect 2023 profit surge

China's four listed steel tube and pipe producers, Jiangsu Changbao Steeltube, Tianjin You Fa Steel Pipe Group, Shengtak New Material and Jiangsu Wujin Stainless Steel Pipe, expect net profit to surge on-year in 2023, Kallanish notes. Chinese pipemakers' net profit  Company 2022 net profit Expected 2023 net profit YoY change Changbao CNY 471.03 million ($66.03m) CNY 740-830m +57.1-76.2% Tianjin…
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