27
Aug
04:28
Oil & gas supports Jiuli's first-half profits surge
The first-half-of-2019 operating data released by Jiuli Special Materials listed company showed that the company's revenue increased by 7.69% year-on-year to CNY 2.1 billion ($294 million). Net attributable profit jumped 59.32% to CNY 211m.
The oil, chemical and natural gas industries accounted for 54.5% of Jiuli Special's revenue, reaching CNY 1.14 billion in H1, Kallanish notes. Seamless pipe and welded steel pipe were the main sales products…
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Anonymous
Very good overview of the weekly steel market.
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