Vanadium Titanium has applied for resumption of listing
2018-03-28 11:58:54 [Print]
According to reports, after the suspension of listing for one year, Pangang Group Vanadium Titanium Resources Co., Ltd. ("Vanadium Titanium") successfully turned losses into gains, and has filed an application to Shenzhen Stock Exchange for resuming listing.
On March 27, Vanadium Titanium released report which showed that the company achieved revenue of RMB9.436 billion in 2017, down by 11.07% YOY; got net profit of RMB863 million, up by RMB6.851 billion over the previous year. The report stated that the major reasons for the great changes YOY in the above-mentioned indicators were the major impact of the major asset restructuring in 2016 and increased profits led by uptrend of market prices for vanadium and titanium products in 2017.
On March 27, Vanadium Titanium released report which showed that the company achieved revenue of RMB9.436 billion in 2017, down by 11.07% YOY; got net profit of RMB863 million, up by RMB6.851 billion over the previous year. The report stated that the major reasons for the great changes YOY in the above-mentioned indicators were the major impact of the major asset restructuring in 2016 and increased profits led by uptrend of market prices for vanadium and titanium products in 2017.
Ferro-vanadium 50%min Delivered China
Unit:RMB/mt
China vanadium nitride producers' sales to production ratio statistics by province by month
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