SGIS sees 25.38 percent rise in operating revenue in 2016

Friday, 31 March 2017 10:42:11 (GMT+3)   |   Shanghai
       

Guangdong Province-based Chinese steelmaker Shaoguan Iron and Steel Co., Ltd (SGIS) has announced in its annual report that in 2016 it registered an operating revenue of RMB 13.973 billion ($2.03 billion), up 25.38 percent year on year, with a net profit of RMB 101 million ($14.68 million), compared to the net loss of RMB 2.596 billion it recorded in 2015.

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