Xinxing Jihua Group sees operating revenue rise 43 percent in Q1

Friday, 13 April 2012 17:06:08 (GMT+3)   |  
       

Beijing-based Chinese state-owned ferrous metal smelting and processing company Xinxing Jihua Group has announced that in the first quarter of the current year it achieved a total operating revenue of RMB 47.97 billion ($7.61 billion), rising by 42.75 percent compared to the corresponding period of last year. In addition, its total gross profit for the first quarter was RMB 1.014 billion ($160.95 million), up 13.06 percent year on year.

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