Anyang Steel sees 31.33 percent rise in operating revenue in Q1
Friday, 25 April 2014 12:17:09 (GMT+3)
|
Shanghai
Henan Province-based Chinese steelmaker Anyang Iron and Steel Co. (Anyang Steel) has announced that in the first quarter of the current year it achieved an operating revenue of RMB 6.444 billion ($1.05 billion), up 31.33 percent year on year. In addition, in the given quarter Anyang Steel recorded a net profit of RMB 36.7628 million ($6 million), with earnings per share of RMB 0.0154, compared to a net loss of RMB 392 million ($63.95 million) in the same period last year. The company said that the increase in its operating revenue in the first quarter was mainly due to the increase in its sales during the given period.
Similar articles