18
Apr
04:19
Shanxi Coking’s profit rises in 2018
On 15 April Shanxi Coking Coal released its annual financial report for 2018. The largest coking company in Shanxi realized operating revenue of CNY 7.23 billion ($1.08 billion), up 20.58% year-on-year. Its net attributable profit increased by 1,567.38% to CNY 1.53 billion ($229.12 million), Kallanish notes.
Two main reasons lead to the huge improvement in Shanxi Coking Coal's net profit. One reason is that national coke output in 20…
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Anonymous
Very good overview of the weekly steel market.
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