Author: Nikita
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Japan: Tokyo Steel’s net profit soars to over JPY 31 billion in Jan-Mar’22
Japan’s Tokyo Steel Corporation announced non-consolidated financial results for the fiscal year ending 31 March on 22 April 2022. Net income was JPY 31.937 billion ($248.5 million) from JPY 5.89 billion, approximately 5.4 times the previous year’s level. Net sales surged to JPY 27.88 billion, up 91.5% from the previous year on higher steel prices…