12
Oct
03:11
Jiuli Special anticipates improved third-quarter profits
China’s Jiuli Special Materials is anticipating that it will post increased profits for the third quarter according to its preliminary unaudited financial report for the period, monitored by Kallanish.
During Q3 2019, the steelmaker’s net attributable profit is estimated to have increased by 61-113% year-on-year to CNY 134-177 million ($18.91-24.98m). In its mid-year report, net profit had risen by 59.3% y-o-y.
The company says that its improved p…
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Anonymous
Very good overview of the weekly steel market.
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