26
Aug
03:16
Tiangong International first-half profit increases
Tiangong International has released its semi-annual report, showing that revenue and profit both increased, and its export value rose despite lower national steel export volumes, Kallanish notes.
In the first half of 2019, the company generated operating revenue of CNY 2.81 billion ($393.15 million), up by 19.5% year-on-year. Its net profit leapt by 77% y-o-y to CNY 150 million. Tiangong International relied on the scarcity and the core compe…
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Anonymous
Very good overview of the weekly steel market.
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