Fangda Special Steel posts 15.63 percent drop in net profit for Q1

Friday, 26 April 2019 10:56:53 (GMT+3)   |   Shanghai

Jiangxi Province-based Chinese steelmaker Fangda Special Steel Technology Co., Ltd (Fangda Special Steel) has announced that in the first quarter this year it registered an operating revenue of RMB 3.936 billion ($0.59 billion), up 1.9 percent year on year, and a net profit of RMB 470 million ($70.1 million), declining by 15.63 percent year on year.

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