15
Apr
12:14
Raw materials rise drives Pangang V&T first-quarter performance
The Pangang group's vanadium-titanium company, Pangang V&T, recently released its preliminary first-quarter results on the Shenzhen Stock Exchange. These show that the company's net profit attributable to shareholders was CNY 730-830 million ($108-124m) in Q1 2019, an increase of 56-77% over the same period of the previous year.
This data implies that Pangang V&T's profit in Q1 of this year was 23.6-26.8% of the company’s total att…
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Anonymous
Very good overview of the weekly steel market.
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