31
Jul
06:49
Aichi Steel raises annual profit guidance
Japan’s Aichi Steel has reported rising income and positive earnings for the June quarter of the calendar year, or the first three months of the fiscal year ending 31 March 2024 (FY24). Also, it has adjusted higher its consolidated financial results forecast for the first half and full year of FY24, Kallanish notes.
During the reporting quarter, consolidated revenue of the company reached JPY 73.8 billion ($521 million), rising 10.4% year-on-year. Meanwhile,…
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Very good overview of the weekly steel market.
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