Fujian Sangang Group sees sales revenue of RMB 45.138 billion in Jan-Nov

Thursday, 14 December 2017 10:40:29 (GMT+3)   |   Shanghai
       

Fujian-based Chinese steel producer Fujian Sangang Group has announced a sales revenue of RMB 45.138 billion ($6.83 billion) for the January-November period this year. In addition, in the full twelve months of the year the company expects to produce 11.0 million mt of crude steel and record a sales revenue of RMB 49.0 billion ($7.4 billion), which will constitute its best-ever operating performance.

Meanwhile, Sangang Group's listed subsidiary Fujian Sangang Minguang Co., Ltd (Sangang Minguang) is currently in the process of acquiring Fujian-based Sanan Steel Co. (Sanan Steel). 


Similar articles

Shanxi Coking Coal’s net profit down 39.66 percent in Jan-Sept

26 Oct | Steel News

Shanxi Coking Coal’s net profit down by 29.43 percent in H1

08 Aug | Steel News

Wujin Stainless Steel’s net profit estimated to be RMB 185 million in Jan-Jun

12 Jul | Steel News

Chinese steel enterprises’ losses amount to RMB 4.84 billion in Q1

27 Apr | Steel News

Shanxi Coking Coal posts net profit of RMB 2.47 billion for Q1

26 Apr | Steel News

Shagang’s net profit down 73.88 percent in Q1

24 Apr | Steel News

Nanjing Steel’s operating revenue down 7.69 percent in 2022

29 Mar | Steel News

Shanxi Coking Coal Energy Group posts net profit of RMB 5.694 billion for 2022

28 Mar | Steel News

Chinese steel enterprises’ profits down 151.1 percent in Jan-Feb

27 Mar | Steel News

China Shenhua Energy posts a net profit of RMB 69.63 billion in 2022

27 Mar | Steel News