13
Jan
10:53
Yonggang targets higher income in 2021
China’s Jiangsu Yonggang Group has announced its operating income and tax payment targets for 2021. In 2020 it achieved operating income exceeding CNY 100 billion ($15.44 billion) for the first time, Kallanish notes.
The company expects to see more income but stable tax payments in 2021. Income is expected to increase 20% year-on-year to around CNY 120 billion, but tax payments are expected to remain unchanged at CNY 6 billion compared to 2020. Chi…
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Very good overview of the weekly steel market.
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