Sino United Worldwide Consolidated Ltd
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Consumer Discretionary : Distributors |
Company profile

Sino United Worldwide Consolidated Ltd, formerly AJ Greentech Holdings Ltd, is a full-service environmental technology company. The Company is engaged in the electronic products and general cargo trading and related consulting service business. The Company focuses on providing greentech products outside of China. The Company plans to expand the green energy and technology business in the United States and globally. The Company's products include 101 series (ACC) and 103 series (OBDII). The Company is engaged in the development of either hardware or software for solar energies, insurers and fleet management fields, as well as customized platform services. The Company provides solutions to communities, industries and governments addressing issues of green energy, environmental protection, sustainability and newly formed Telematics solution services. Jin Chih International, Ltd. is the subsidiary of the Company.

Closing Price
$3.76
Day's Change
-0.14 (-3.59%)
Bid
--
Ask
--
B/A Size
--
Day's High
4.11
Day's Low
3.69
Volume
(Light)
Volume:
60,282

10-day average volume:
155,513
60,282

Cleveland-Cliffs stock soars after upbeat revenue outlook

6:10 am ET January 25, 2021 (MarketWatch)
Print

Shares of Cleveland-Cliffs Inc. (CLF) surged 9.4% in premarket trading Monday, after the steel maker provided an upbeat preliminary fourth-quarter outlook. The company said it expects to report revenue of $2.2 billion to $2.3 billion, up about 320% from a year ago, and well above the FactSet consensus of $1.97 billion. Steel sales volume for the quarter is expected to be 1.9 million net tons. The company expects to report full fourth-quarter results on Feb. 25. "We ended 2020 on a particularly high note," said Chief Executive Lourenco Goncalves. "With the backdrop of a resilient steel pricing environment and the growing number of steel companies competing for an increasingly scarce scrap supply in 2021 and beyond, Cleveland-Cliffs will continue to benefit from our differentiated business model with self-sufficiency in pellets and HBI. The stock has run up 89.2% over the past three months through Friday, while the S&P 500 has gained 10.9%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

	

(END) Dow Jones Newswires

January 25, 2021 06:10 ET (11:10 GMT)

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