21
Sep
16:17
Alchemia revenue surges, but slumps to first-half loss
Poland's Alchemia posted a 24% on-year increase in consolidated revenue in the first half of 2017 to PLN 469.63 million ($131.3m). However, it slumped to a net loss of PLN 530,000 from a PLN 3.7m profit. Margins were impacted by higher cost of raw materials in the first quarter.
Of Alchemia’s consolidated revenue, PLN 245.56m was generated by pipe, up 15% on-year, and PLN 162.4m by long products, up 58%. Domestic sales accounted for 43% of revenue and …
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Anonymous
Very good overview of the weekly steel market.
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