25
Mar
04:19
Nangang's gross profit rises sharply in 2018
According to Nanjing Iron & Steel's 2018 annual report on the Shanghai Stock Exchange, the company achieved operating revenue of CNY 43.647 billion ($6.5 billion) last year, an increase of 16.08% year-on-year. Its operating profit increased by 61.52% to CNY 6.038 billion, and the company is targeting a modest production increase this year.
In 2018 Nangang's gross profit per tonne was CNY 588.05, an increase of 60.18%. Meanwhile, the gr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous