Japan's JFE sees April-December earnings increase by 51%

JFE Holdings saw its cumulative consolidated operating income for April-December increase by more than half year-on-year in 2016, the Japanese steelmaker said on Tuesday January 31.

The company recorded a consolidated operating income of ¥36.42 billion ($318 million) for the period between April 1 and December 31, 2016, an increase of 51.30% year-on-year. JFE said that in the last three quarters of 2016, operating income improved thanks to automotive and...

Published

Lorenzo Holt

January 31, 2017

12:14 GMT

London