Bengang Steel Plate posts net profit of RMB 272 million in Q1

Monday, 22 April 2019 10:17:27 (GMT+3)   |   Shanghai
       

Liaoning Province-based Chinese steelmaker Benxi Iron and Steel Plate Co. (Bengang Steel Plate) has announced that in 2018 it achieved an operating revenue of RMB 50.182 billion ($7.48 billion), up 23.88 percent year on year, and a net profit of RMB 1.036 billion ($0.15 billion), down 35.22 percent year on year.

Meanwhile, in the first quarter this year Bengang Steel Plate registered an operating revenue of RMB 11.761 billion ($1.75 billion), up 1.03 percent year on year, and a net profit of RMB 272 million ($40.5 million), down 22.54 percent year on year.


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