29
Aug
17:22
Bengang first-half profits surge as gross margin dips
Benxi Iron & Steel Group’s listed arm Bengang Steel Plate has released its first-half 2017 performance report to the Shenzhen Stock Exchange. It has posted 187% growth year-on-year in attributable net profit and a 64.2% rise in sales revenue. Over January to June Bengang's listed armed earned about CNY 20.74 billion ($3.12 bilion) in sales revenue and CNY 523.64 million in net profit.
Bengang's operational analysis however shows …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous