The profits of tungsten industry in Jiangxi increase sharply from Jan to Aug 2017
2017-10-12 16:24:03 [Print]
The provincial government of Jiangxi recently announced that the performance of subsidiary industries and key enterprises for nonferrous business has fully improved in the whole region.
Zhangyuan Tungsten turned losses into gains under the background of sharply increasing profits on the whole in the tungsten industry. The turnover on major products of tungsten industry reached RMB37.46 billion, up by 25% YOY and profits achieved RMB2.18 billion, up by 30% YOY from January to August. Zhangyuan Tungsten, the major tungsten enterprise, obtained RMB1.6 billion of revenues, up by 67% YOY and 0.138 billion of profits, up by 60% YOY, turning losses into gains in the same period.
Zhangyuan Tungsten turned losses into gains under the background of sharply increasing profits on the whole in the tungsten industry. The turnover on major products of tungsten industry reached RMB37.46 billion, up by 25% YOY and profits achieved RMB2.18 billion, up by 30% YOY from January to August. Zhangyuan Tungsten, the major tungsten enterprise, obtained RMB1.6 billion of revenues, up by 67% YOY and 0.138 billion of profits, up by 60% YOY, turning losses into gains in the same period.
Tungsten Oxide WO3 99.95%min FOB China
Unit:USD/mtu
China tungsten concentrate producers' suspension number statistics by province by month
Unit: pcs
