Exorbitant profits in coal chemical industry
Thread Content
Which are the highly profitable industries in coal chemical engineering? Can its exorbitant profits be illustrated with numbers?
We have entered an era of low profits; it’s difficult to find huge gains anymore
They won’t talk about places where there are huge profits; once everyone knows about them, there will be no such huge profits anymore.
Industries with exorbitant profits are no longer so profitable now. A few years ago it was okay
The profits from oil processing and carbon black are still decent
It was very high when coal powder was cheap. I haven’t seen such high levels for a long time; since 2008, there have been many coal chemical projects put into operation, and there are still some under construction. These projects are mainly concentrated in Inner Mongolia, Shaanxi, Shanxi, and Tangshan. Many of my classmates are working in this industry.
It seems that the coal chemical industry still offers significant profit margins; look, aren’t the related stocks constantly rising in value?