Baosteel’s Net Profit Soars in H1 2017 

Published: Aug 25, 2017 15:54
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.  

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