Lingyuan Steel posts net profit of RMB 134 million for 2016
Wednesday, 29 March 2017 09:47:03 (GMT+3)
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Shanghai
Liaoning Province-based Chinese steel producer Lingyuan Iron & Steel Co., Ltd (Lingyuan Steel) has announced in its annual report that in 2016 it registered an operating revenue of RMB 14.463 billion ($2.1 billion), up 16.14 percent year on year, with a net profit of RMB 134 million ($19.48 million), compared to the net profit of RMB 48 million it recorded in 2015.
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