Shougang posts net profit of RMB 400 million for 2016
Tuesday, 11 April 2017 09:42:18 (GMT+3)
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Shanghai
Beijing-based Chinese steelmaker Shougang Iron and Steel Co. (Shougang) has announced in its annual report that in 2016 it registered an operating revenue of RMB 41.85 billion ($6.07 billion), up 15.15 percent year on year, with a net profit of RMB 400 million ($58.06 million), compared to the net loss of RMB 1.1 billion it recorded in 2015.
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