The Board of Directors of Lloyds Steel Industries Limited, at its meeting held today have approved the financial results of the company for the period ended March 31, 2023 - Q4FY23 and FY2023.
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries; however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have at Par impact on the marine loading arms market.
Frequently Asked Questions:
Crude oil is the leading segment in the market.
At what rate is the market projected to grow?
The market is projected to accelerate at a CAGR of almost 4%.
Who are the top players in the market?
Carbis Loadtec Group, Ingersoll Rand Inc., JLA loading Technology B.V., JRE Pvt. Ltd., KANON Loading Equipment BV, Lloyds Steel Industries Ltd., SVT GmbH, TechnipFMC Plc, Tokyo Boeki Holdings Corp., and WLT liquid & gas loading technology BV are the top players in the market.