14
Aug
07:58
Liugang reports lower profit in first half
Liuzhou Iron & Steel Group (Liugang) saw revenue remain stable but profit decline during the first half of 2020, Kallanish notes.
The steelmaker reached CNY 23 billion ($3.31 billion) of operating revenue in H1, up 0.55% year-on-year. However, net profit attributable to shareholders was approximately CNY 773 million, down -38.93%. The company's operating profits and total profits during the reporting period were down by -40.96% and -41.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous