It’s reported that France-based pipe producer Vallourec released its financial result for the second quarter of this year.
Vallourec posted a net profit of €62 million for the second quarter of this year, soaring by 8.8% year on year.
In the given period of time, the company realized sales revenue of €1.37 billion, increasing by 3.7% year on year and its operating revenues totaled €139 million, soaring by 16.8%, both compared to the figures in the same period of a year ago.
In the first six months of this year, Vallourec posted a net profit of €97 million, jumping by 14.1% year on year.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=65662&division=A6