Tag: Profits
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China: GE Major Fangda Carbon’s Profitability takes a Major Hit in 2019
Chinese graphite electrodes producer, Fangda Carbon has recently released its 2019 results and it seems that company’s operating income and profits have taken a major hit during the year due to the dramatic drop in product prices and increased competition in the domestic market. In 2019, Fangda Carbon achieved an operating revenue of 6.75 billion…