Baosteel expects rise of RMB 10.1-10.8 billion in net profit for 2017

Friday, 26 January 2018 10:44:54 (GMT+3)   |   Shanghai
       

Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co. Ltd (Baosteel) has announced that it expects its net profit for 2017 to increase by RMB 10.1-10.8 billion ($1.6-1.7 billion), up 113-121 percent from the net profit of RMB 8.966 billion recorded in 2016.


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