China Tungsten and High-tech Material expects to see profit up by 10 to 11 times in H1
2017-07-11 18:10:34 [Print]
According to the financial report from China Tungsten and High-tech Material released on July 10, the company expects to achieve profit of RMB55 million to RMB62 million, up by 999% to 1139% YOY; profit in the same period of H1 was RMBB5.003 million. During the report period, the market was improved and the company took a series of measures to improve quality and efficiency, etc., leading to year-on-year growth in sales and net profit of cemented carbide products.
Tungsten Carbide 99.8%min 2.5-7.0μm FOB China
Unit:USD/kg
China tungsten carbide producers' output statistics by province by month
Unit: mt
