13
Feb
06:52
Fangda Group doubles profits in 2018
Fangda Group's Shenzhen Stock Exchange (SZSE) listed arm has issued its 2018 annual report . Fangda's operating revenue was CNY 3.049 billion ($450 million) last year, whist net profit rose by 96.3% year-on-year to CNY 2.246 billion, Kallanish notes.
Meanwhile, the Fangda group subsidiary Fangda Special Steel, estimates that the its 2018 annual net attributable profits will be CNY 2.87-3.05 billion. This represent…
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Anonymous
Very good overview of the weekly steel market.
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