Shandong Steel Group posts net profit of RMB 453 million for Q1
Friday, 05 May 2017 10:00:51 (GMT+3)
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Shanghai
Shandong Province-based Chinese steelmaker Shandong Iron & Steel Group Co., Ltd (Shandong Steel Group) has announced that in the first quarter of the current year it registered an operating revenue of RMB 16.488 billion ($2.39 billion), up 55.54 percent year on year, with a net profit of RMB 453 million ($65.75 million) compared to the net loss of RMB 333 million recorded in the same period of 2016.
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