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Wujin Stainless Steel Pipe expects net loss for H1 2026-管材展-鋼管展－巨浪展覽-Pipe Exhibition-Tube Exhibition-The 27th China (Guangzhou) International Tube & Pipe Processing Equipment Exhibition
7/21/2026 管材展-鋼管展-steel tube expo-pipe expo-pipe exhibition |
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Jiangsu Province-based Chinese stainless steel producer Wujin Stainless Steel Pipe Group Co.,Ltd hasannounced that its net loss is expected to amount to RMB 49 milion ($7.2 milion) for the January-June periodthis year, compared to a net profit of RMB 75.4975 million recorded in the same period last year.
The company stated that severe competition in the market led to declining product prices, while the orders the company received decreased, all of which contributed to the loss in the given period.
管材展-鋼管展-2027第二十七屆廣州國際管材及管材加工設備展覽會－巨浪展覽-Pipe Exhibition-Tube Exhibition-The 27th China (Guangzhou) International Tube & Pipe Processing Equipment Exhibition
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