Major steel companies earn profit of RMB37.9 billion in first five months of 2017
2017-07-10 11:41:27 [Print]
According to the latest data from CISA, major steel companies achieved a profit of RMB7
Although the profit in May decreased MOM, in the first five months of 2017, major steel companies’ total profit reached RMB37.885 billion, exceeding the total profit of RMB33 . 15 billion in 2016 with the sales rate being 2 . 68%, up by 1 . 36 percent points.
. 937 billion in May 2017, down by RMB1 . 34 billion or 14 . 4% from April . The business income of the month was RMB29 . 424 billion with sales rate of 2 . 7%, down by 0 . 5% percent points from April.
Although the profit in May decreased MOM, in the first five months of 2017, major steel companies’ total profit reached RMB37.885 billion, exceeding the total profit of RMB33 . 15 billion in 2016 with the sales rate being 2 . 68%, up by 1 . 36 percent points.