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17 Jan
02:15

Jiangsu Wujin Stainless sees profits rise in 2019

China's Jiangsu Wujin Stainless announced a preliminary assessment of its 2019 performance on 14 January. Company profitability saw a significant jump compared to the previous year, Kallanish notes.  Its net attributable profit was estimated to increase by 59.7% year-on-year to CNY 317.82 million ($46.22 million). The reason for such a big increase was that last year the company accelerated investment in products for the petrochemical indus…
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