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23 Jan
08:34

Jianlong Group grows profits in 2018

The chairman of China's Jianlong Group recently revealed that the group's profit in 2018 is expected to have exceeded CNY 10 billion ($1.474 billion). At the same time, the group's steel output reached 28 million tonnes, Kallanish notes. The group hiked its profit by 118% year-on-year compared to 2017, based on public information. In addition to the rise in sales prices, a decline in operating costs also contributed…
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