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09 May
14:42

Autosheet sustains Valin profit growth

China's Valin Group in Hunan Province saw profit growth slow down in the first quarter of 2022, even though its autosheet steel subsidiary performed strongly, Kallanish notes. According to the company's first-quarter report, Valin reached CNY 40.96 billion ($6.09 billion) of operating revenue and CNY 2.11 billion of net attributable profit, increasing 6.13% and 2.82% respectively. The profit increase in Q1 is slower than the average qua…
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