23
Oct
03:31
CITIC lifts profits as third-quarter revenue declines
CITIC Pacific Special Steel Group’s listed company has reported on the Shenzhen Stock Exchange that it saw a decline in operating revenue but increased profits in the third quarter of 2019, Kallanish notes.
From July to the end of September, CITIC's listed steel arm posted CNY 18.69 billion ($2.64 billion) in operating revenue and CNY 1.23 billion in attributable profits. This was down -8.26% year-on-year in terms of revenue but up 5.71% y-o-y in …
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Anonymous
Very good overview of the weekly steel market.
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