Wuhan Steel expects 150 percent rise in net profit for 2014
Tuesday, 03 February 2015 10:58:25 (GMT+3)
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Shanghai
Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corp. (WISCO) has announced that, according to preliminary results for 2014, its listed subsidiary Wuhan Iron and Steel Co. Ltd expects to achieve a 150 percent year-on-year increase in net profit for the given year. In 2013, the company had recorded a net profit of RMB 427 million.
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