27
Sep
04:41
Anyang estimates significant growth in nine-month profits
Anyang Iron & Steel published its third quarter 2017 performance forecast on the Shanghai Stock Exchange on 27 September.
It is estimating CNY 900 million ($136.07m) to CNY 1 billion ($151.19m) in net profit attributable over January to September. Kallanish calculates that its net profits have increased therefore by between 541-612% year-on-year.
It worth mentioning that in its first-half report Anyang reports only CNY 27.76 million in…
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Anonymous
Very good overview of the weekly steel market.
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