WISCO posts net profit of RMB 537 million for January-November

Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corporation (WISCO) has announced that in the first 11 months of the current year its net profit reached RMB 537 million ($84.57 million), exceeding the steel producer's net profit target for the whole year by RMB 7 million ($1.10 million).
 
In addition, in the given period WISCO's revenues totaled RMB 980 million ($154.33 million).