Liuzhou Steel expects 60-67% drop in net profit for Q1

Friday, 12 April 2019 10:55:05 (GMT+3)   |   Shanghai

Guangxi Zhuang Autonomous Region-based Chinese steelmaker Liuzhou Iron and Steel Co. (Liuzhou Steel) has announced that it expects its net profit to decrease by RMB 624-701 million ($93.0-104.5 million) in the first quarter of the current year, down 60-67 percent year on year.

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