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13 Aug
12:24

JFE Steel discloses quarterly financial results

JFE Steel reached a consolidated revenue of JPY 638.5 billion ($5.79 billion) in the first quarter of its fiscal year 2021 (FY21) ending 31 March 2022, up 25.52% year-on-year, Kallanish learns from its parent company JFE Holdings’ announcement. The company turned losses of JPY 57.8 billion a year earlier to a quarterly profit of JPY 69.7 billion. For the whole financial year, JFE Steel has set a target of JPY 3.13 trillion in revenue and JPY 2…
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