Baowu Resources sees gross profit of RMB 3.91 billion in H1

Tuesday, 20 August 2024 09:24:29 (GMT+3)   |   Shanghai

Baowu Resources Co., Ltd, a subsidiary of leading Chinese steelmaker Baowu Group, has announced that it registered an operating revenue of RMB 54.7 billion ($7.7 billion) in the first six months this year, while posting a gross profit of RMB 3.91 billion ($0.55 billion) for the given period, fully realizing the goal of "in the half period of the year, completing half of the annual task target”.

EuniceOuyang
Eunice Ouyang
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I graduated from University of Shanghai for Science and Technology, with 16 years of deep expertise in the steel industry. I am responsible for steel-related news and intelligence, as well as leading the content team in China.

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