09
May
11:38
Zhongyuan Special returns to profit after reorganisation
Zhongyuan Special Steel's listed company's operating report for the first quarter of 2019 shows that the company has earned net attributable profit of CNY 316.52 million ($46.81m), down -5.9% year-on-year. The steelmaker saw a significant change in performance due to its having completed a restructuring with Cofco Capital in January this year, Kallanish notes.
After the transaction, Zhongyuan Special Steel will focus on fina…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous