Nanjing Steel posts net profit of RMB 354 million for 2016
Wednesday, 01 March 2017 10:05:11 (GMT+3)
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Shanghai
Jiangsu Province-based Chinese steel producer Nanjing Iron and Steel Co. Ltd (Nanjing Steel) has announced in its annual report that in 2016 it registered an operating revenue of RMB 24.174 billion ($3.52 billion), up 8.64 percent year on year, with a net profit of RMB 354 million ($51.6 million), compared to the net loss of RMB 2.4 billion it recorded in 2015.
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