Daye Special Steel’s net profit up 38.72 percent in Q1

Friday, 27 April 2018 10:13:45 (GMT+3)   |   Shanghai
       

For the first quarter of the current year Hubei Province-based Chinese steelmaker Daye Special Steel Co. (Daye Special Steel) has announced an operating revenue of RMB 3.008 billion ($0.47 billion), up 28.56 percent, and a net profit of RMB 906 million ($143.4 million), rising by 38.72 percent, both year on year.


Most Recent Related Articles

Renewed consumption of electrical appliances foreseen in China in 2020

China’s steel bars exports down 29.7% in Jan-Apr

Ex-China wire rod prices up sharply amid good local demand, foreign buyers resist

China more active in HRC imports than exports, trend to continue

Ex-China stainless steel prices edge up