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Home / Metal News / Baosteel’s Net Profit Soars in H1 2017 

Baosteel’s Net Profit Soars in H1 2017 

iconAug 25, 2017 15:54
Source:SMM
Baosteel Co., China’s steel giant, reported 169.93 billion yuan in revenues in H1 2017, up 59.91% year-on-year.

SHANGHAI, Aug. 25 (SMM) –Baosteel Co., China’s steel giant, reported 169.93 billion yuan in revenues in H1 2017, up 59.91% year-on-year.

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The company reported 6.17 billion yuan in net profit in H1 2017, up 64.91% year-on-year.

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During H1 2017, the company produced 22.44 million tonnes of pig iron and 23.33 million tonnes of steel.  

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

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Baosteel

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