TISCO returns to profit in Q1
Tuesday, 23 May 2017 10:44:12 (GMT+3)
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Shanghai
Shanxi Province-based Chinese steel producer Taiyuan Iron and Steel (Group) Co. (TISCO) has announced in its quarterly report that it has registered an operating revenue of RMB 18.642 billion ($2.71 billion) for the first quarter of the current year, up 14.2 percent year on year, with a net profit of RMB 261 million ($37.94 million) compared to the net loss of RMB 913 million recorded in the same period of 2016.
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