Fushun Special Steel’s net profit up 135.21 percent in H1

Wednesday, 25 August 2021 12:00:35 (GMT+3)   |   Shanghai

Liaoning Province-based stainless steel producer Fushun Special Steel Co., Ltd. announced that in the first half this year its crude steel output rose by 18.93 percent to 382,500 mt, finished steel output increased by 18.81 percent to 307,800 mt, while registering an operating revenue of RMB 3.77 billion ($0.58 billion) in the given period, up by 21.29 percent year on year, and posting a net profit of RMB 431 million ($66.5 million), up 135.21 percent year on year.

Most Recent Related Articles

Taigang Stainless Steel expects rise of 516.6-553.97 in net profit for Jan-Sept

China’s HBIS expects 98.23-106.85% rise in net profit for Jan-Sept

Sangang Minguang expects 28.16% drop in net profit for Q3

Ansteel’s net profit expected to rise by 466.04 percent in Jan-Sept

MOC: Average steel prices in China move up last week