- Write by:
-
Thursday, October 25, 2018 - 2:36:58 PM
-
971 Visit
-
Print
Mining News Pro - Esfahan Steel Company during six months ended September 2018 for each share of 75 Rials has identified a profit of 249 billion Tomans net profit, while in the same period of the previous year, the company identified 36 reals equal to 184 billion Tomans.
According to Mining News Pro -The 51% increase in sales is the main reason for identifying profits from the same period last year.
The important point in the report of Esfahan Steel Company is the state of affairs and its bank debt, which will lead to significant positive changes in the financial statements of steel, especially the reduction of financial costs and the sharp increase in net profit.
Including its plans for the continuation of the year, planning for the marketing and sale of value added products, maintaining and developing the market share and achieving the new target market, as well as floating sales (a combination of domestic and foreign) with regard to the conditions of the embargo. The situation of the domestic and foreign markets has been described.
Iron smelter also referred to the Coal Association`s request for a coal price correction based on 30% of the price of bullion in its 6-month report: this issue is being reviewed by the board of directors and negotiations are ongoing with the association. .
The company reported a 20 percent increase in prices from the beginning of July this year.
Short Link:
https://www.miningnews.ir/En/News/287656
Chinese carmaker BYD Co has postponed plans to produce lithium cathodes for electric vehicle (EV) batteries in Chile by ...
Copper futures in New York rallied to a record high after a short squeeze that’s prompted a scramble to divert metal in ...
China’s CMOC Group Ltd. is being accused by a top US official of using “predatory” tactics to depress prices of a key ...
A Native American group said on Tuesday it will take its fight against Rio Tinto’s proposed Arizona copper mine to the ...
Teck Resources Ltd expects to generate annual earnings before interest, depreciation, tax and amortization (EBITDA) of ...
The world’s largest zinc smelter is planning to significantly expand its copper output, taking advantage of growth ...
The state-run Chilean Copper Commission (Cochilco) will soon revise its copper price outlook, which will be considerably ...
Chilean mining giant Codelco is still working to meet its estimated output for the second quarter, CEO Ruben Alvarado ...
Australian-based Atlantic Lithium Ltd., which is developing Ghana’s first lithium mine, has taken a step toward raising ...
No comments have been posted yet ...