In 2008, the company registered sales revenues of RMB 32.481 billion ($4.76 billion), up RMB 10.162 billion ($1.49 billion) or 45.53 percent year on year. Meanwhile, the company's net profit for the year in question was RMB 34 million ($4.99 million), down RMB 765 million ($110 million) or 95.74 percent compared with the previous year.
The producer's detailed output figures for 2008 are as follows:
Products |
Output in 2008 (10,000 mt) |
Change year on year (10,000 mt) |
Change year on year (%) |
419 |
-45 |
-9.70 |
|
Crude steel |
445 |
-24 |
-5.12 |
Finished steel |
223 |
9 |
4.21 |
78 |
-2 |
-2.5 |
|
Steel bar |
47 |
6 |
14.63 |
Flat rolled |
98 |
4 |
4.25 |