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28 Aug
04:49

Yongxing Special sees strong first-half

According to the semi-annual report of Yongxing Special Steel, the company saw profit increase in the first half of 2019, despite the weak national steel market, Kallanish notes. It generated operating revenue of CNY 2.48 billion ($346.72 million), up by 2.22% year-on-year. Net attributable profit climbed 18.32% y-o-y to CNY 265m. During the reporting period, the company realised a finished steel sales volume of 145,800 tonnes, increasing by …
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