Reportedly, the Chinese steelmaker Masteel announced its financial result for 2012 on March26th. In 2012, the company posted operating revenues of RMB74.4 billion, falling by 14.33% year on year. At the same time, the company reported a net ...
Tags: Mastee, Net Loss, Metallurgy
China Petroleum & Chemical Corporation announced its annual results for the year ended 31 December 2012. Financial Highlights: In accordance with the PRC Accounting Standards for Business Enterprises, in 2012, the Company's operating ...
LED chip packaging house Everlight Electronics and LED epitaxial wafer and chip maker Lextar Electronics hold optimistic outlooks on their business operations in 2013, according to Everlight chairman Robert Yeh and Lextar chairman David Su. ...
According to the US GAAP, the Russian steelmaker NLMK posted a net profit of US$596 million for 2012, slumping by 56% year on year due to recognition of one-off provisions and bad operating profits in the fourth quarter. In the fourth ...
Tags: steel, Metallurgy, Mineral, Energy
On March 25, Zhejiang Province-based steel pipe producer Kingland Pipeline & Technologies Co., Ltd announced that in 2012 its operating revenue amounted to RMB 3.407 billion ($547.7 million), up by 7.75 percent year on year. Meanwhile, its ...
Tags: Metallurgy, Mineral, Energy, Construction, steel pipe
In its financial results according to US GAAP (Generally Accepted Accounting Principles) for 2012, Russian steelmaker NLMK Group's net profit decreased by 56 percent compared to the previous year to $596 million due to its weaker operating ...
Tags: Metallurgy, Mineral, Energy, steel
On March 27, Beijing-based Chinese steel giant Shougang Group announced that in the January-February period of the current year its subsidiary Shougang Tonggang Mining Co. produced 435,300 mt of iron ore, equivalent to 100.87 percent of the ...
Tags: Tonggang Mining, Iron Ore, Mineral
On March 26, Anhui Province-based Chinese steelmaker Maanshan Iron and Steel (Masteel) announced that in 2012 its operating revenue totaled RMB 74.4 billion ($11.96 billion), down by 14.33 percent year on year, while it recorded a net loss ...
Tags: Masteel, Net Loss, steelmaker
Mongolian coking coal miner SouthGobi Resources produced a total 1.34 million mt of unwashed thermal and coking coal in 2012, down 70.7% year on year compared with 4.57 million mt in 2011. Of the total, semi-soft coking coal output in ...
Tags: Coal Output, Mining Suspension, Mongolian
Zhejiang Province-based Chinese steelmaker Hangzhou Iron and Steel Co. has issued its financial results for 2012, announcing a net loss of RMB 379 million ($60 million) compared to net profit of RMB 299.8 million in 2011. In 2012, the ...
Tags: Steel Posts, Steel, steelmaker
Turkish specialty steel producer Asil Celik A.S. (Asil Celik) has announced its financial results for 2012. In 2012, Asil Celik saw a net profit of TRY 22.5 million ($12.4 million), down 66.9 percent compared to the previous year. Sales ...
Kazakhstan-based mining group Eurasian Natural Resources Corporation Plc. (ENRC) has announced that in 2012 it registered a net loss of $852 million compared to a net profit of $1.98 billion in the previous year, while its revenue amounted ...
Tags: mining group, mining, ferroalloys
Reportedly, the Chinese steelmaker Hangzhou Steel posted a net loss of RMB379 million for 2012, in comparison of a net profit of RMB299.8 million in a year ago. In 2012, the company realized operating revenue of RMB17.133 billion, slumping ...
Tags: Steel, Metallurgy, Mineral, Energy
Jiangsu Province-based Chinese steelmaker Nanjing Iron and Steel Co. has issued its financial results for 2012.?Accordingly, in 2012 Nanjing Steel registered an operating revenue of RMB 32.079 billion ($5.1 billion), down 16.82 percent year ...
Tags: Steel, Metallurgy, Mineral, Energy, Iron
The Rieter Group held its own in 2012 against difficult market conditions worldwide. Order intake for the year as a whole declined by 12% to 839.7 million CHF, although Rieter received more orders in the second half-year than in the first. ...
Tags: Textile machinery, Textile, raw material