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Mar.29.2024 1USD=7.0948RMB
  SteelHome >>Steel>>Steelmakers' Info>>Industry Dynamics
 
Valin Steel Expected to Enjoy about 2.21 Blny Net Profit in the H1 2019

https://en.steelhome.com [SteelHome] 2019-07-15 09:13:41

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News came from Valin Steel that the revenue of the company in the first half of 2019 is expected to reach around 4.84 billion yuan, up 11% on year; and it may achieve 2.21-2.31 billion yuan net profit, down 32.82-35.73% on year.

The business performance slackened caused by high production cost amid a rise of iron ore price compared the same period of last year.

(To contact the reporter on this story: molly.shi@steelhome.cn or 86-21-50585358)
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