Taigang Stainless Steel’s net profit soars in Q3 y-o-y
Time:Wed, 03 Nov 2021 09:02:17 +0800
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Shanxi Taigang Stainless Steel Co., Ltd., a leading stainless steel manufacturer in China, reported that its net profit totaled RMB 2.062 billion in the third quarter of this year, soaring by 329.23% compared to the same period a year ago.
In the first three quarters of this year, Taigang Stainless Steel’s net profit reached RMB 6.797 billion, a year-on-year increase of 534.98%.
According to Taigang Stainless Steel, the demand for stainless steel improved during the period from January to September, boosting prices and business performance.
