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Home / Metal News / Camel Group Posts Profits down 15.45% YoY in 2016

Camel Group Posts Profits down 15.45% YoY in 2016

Apr 10, 2017 10:59

Source:SMM

Camel Group posted revenue at 6.301 billion yuan in 2016, up 17.19% YoY with profits for shareholders down 15.45% YoY to 515 million yuan.

SHANGHAI, Apr. 10 (SMM) – Camel Group posted revenue at 6.301 billion yuan in 2016, up 17.19% YoY with profits for shareholders down 15.45% YoY to 515 million yuan.

The decline in profits was due largely to consumption tax.

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