26
Feb
04:25
Shagang listed arm hikes net profit in 2018
Jiangsu Zhangjiagang Shagang's listed company has released part of its financial data on the Shanghai Stock Exchange, reporting operating revenue up by 18.5% year-on-year to CNY 14.71 billion ($2.2 billion) in 2018. It also saw total and net profits of CNY 2.968 billion and CNY 1.175 billion, up 56.4% and 66.7% on-year.
The company's steel output increased y-o-y and sales revenue increased accordingly thanks to the strong steel industry in…
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Anonymous
Very good overview of the weekly steel market.
Anonymous