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28 Feb
02:48

Jiuli Special Materials reports improved performance

China’s Jiuli Special Materials has published its annual report for 2019, and has seen both revenue and net profit climb, Kallanish notes. The steelmaker’s net attributable profit increased by 63.8% year-on-year to CNY 497 million ($70.96 million). Operating revenue also increased by 10.6% y-o-y to CNY 4.49 billion. The company in Zhejiang province, specialises in producing special stainless steel pipes and tubes used in the petroleum, chemical and sh…
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