07
May
12:28
JFE output declines, profit gains in fiscal 2023
JFE Holdings, the parent company of Japanese steel producer JFE Steel, announced improved results for the 2023 fiscal year ended 31 March 2024 (FY23)
JFE Holdings' revenue fell 1.8% to JPY 5.17 trillion ($716 billion) in FY23, while profit increased 20.5% to JPY 200.97 billion. It forecasts revenue and attributable profit will increase by 4.2% and 11.4% respectively to JPY 5.39 trillion and JPY 220 billion in FY24.
During the reporting period, both domestic a…
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Anonymous
Very good overview of the weekly steel market.
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