Liuzhou Steel Group posts net profit of RMB 185 million for 2016
Wednesday, 29 March 2017 09:49:05 (GMT+3)
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Shanghai
Guangxi Zhuang Autonomous Region-based Chinese steelmaker Liuzhou Iron and Steel Group (Liuzhou Steel Group) has announced in its annual report that in 2016 it registered an operating revenue of RMB 26.65 billion ($3.87 billion) for the given year, up 2.86 percent year on year, with a net profit of RMB 185 million ($26.89 million), compared to the net loss of RMB 1.13 billion it recorded in 2015.
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