Hebei Steel posts net profit of RMB 649 billion for Q1
Wednesday, 10 May 2017 10:59:43 (GMT+3)
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Shanghai
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Co. (Hebei Steel) has announced in its quarterly report that it has registered an operating revenue of RMB 28.32 billion ($4.1 billion) for the first quarter of the current year, up 58.84 percent year on year, with a net profit of RMB 649 million ($94.06 million) compared to the net profit of RMB 117 million recorded in the same period of 2016.
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