01
Mar
07:53
Jiuli Metals sees profit surge in 2020
Zhejiang Jiuli High-tech Metals Co estimates that 2020 profit attributable to shareholders rose 49.19% on-year to CNY 746.01 million ($115.44m), it says in a stock exchange filing seen by Kallanish.
The firm meanwhile reported an 11.46% y-o-y increase in operating revenue, which reached CNY 4.95 billion last year. Total operating profit was CNY 879.27m, up 48.67% y-o-y.
The improved performance was due to the record sales revenue and gross profit of its overseas …
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Anonymous
Very good overview of the weekly steel market.
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