JISCO Hongxing Steel sees net profit of RMB 82.4 million in 2016
Friday, 31 March 2017 10:03:30 (GMT+3)
|
Shanghai
Gansu Province-based Chinese steel producer Hongxing Steel, a listed subsidiary of Gansu-based steelmaker Jiuquan Iron and Steel Group (JISCO), has announced in its annual report that in 2016 it registered an operating revenue of RMB 35.094 billion ($5.1 billion), down 35.93 percent year on year, with a net profit of RMB 82.4 million ($11.98 million), compared to the net loss of RMB 7.36387 billion it recorded in 2015.
Similar articles