28
Sep
08:53
Shagang’s operating performance improves
Jiangsu Shagang Group achieved eight-month operating revenue of CNY 162.7 billion ($23.8 billion), and contributed CNY 11.8 billion in tax payments, Kallanish notes from its latest statements. The revenue is equivalent to 64.5% of 2019 annual revenue.
In the first half of 2020, operating revenue was CNY 68.3 billion, suggesting revenue in July and August was more than the H1 total. H1 net profit was CNY 3.27 billion, including CNY 252.29 million from the list…
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Anonymous
Very good overview of the weekly steel market.
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