29
Apr
10:42
CITIC profit grows faster than income
China-listed CITIC Pacific Special Steel Group Co. disclosed CNY 22.41 billion ($3.46 billion) of operating income in the first quarter, up 29.93% on-year and 26.38% compared to the same period in 2019, Kallanish notes from Shenzhen Stock Exchange.
Its net profit attributable to shareholders rose 49.2% to CNY 1.93 billion.
CITIC has completed the equity change procedures for the acquisition of a 40% stake in Shanghai Electric Steel Pipe Company. The shareholding …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous