Brief: Zhejiang Huayou Cobalt's 2019 Net Profit Down, Unit Signs Contract With POSCO Chemical

Posco Future M

27/03/2020 11:18

March 27 (Reuters) - Zhejiang Huayou Cobalt Co Ltd
 603799.SS :
    * SAYS 2019 NET PROFIT DOWN 92.2% Y/Y AT 119.5 MILLION YUAN 
($16.86 million)
    * SAYS UNIT SIGNS SALES CONTRACT WORTH ABOUT 7.2-7.6 BILLION
YUAN
WITH SOUTH KOREA'S POSCO CHEMICAL CO LTD

Source text in Chinese: https://bit.ly/2yfYu7X;
https://bit.ly/3bxjqoW
Further company coverage:  603799.SS  003670.KS 

($1 = 7.0864 Chinese yuan renminbi)

 (Reporting by Hong Kong newsroom)
 ((twinnie.siu@thomsonreuters.com; 852-2841 5763;))