Anyang Iron and Steel sees RMB27.76 million of net profits in H1 of 2017
2017-08-10 17:21:32 [Print]
Anyang Iron and Steel Co
Environmental inspection exerted great influence on the company’s production in Q1 of 2017, so the company’s economic benefits dropped. National supply-side reform and de-capacity move forward constantly; in addition, the environmental inspection slows down, some improvement is seen in the company’s performance.
. , Ltd . released semi-annual report on August 9 that the company saw RMB11 . 526 billion of revenue and RMB27 . 76 million of net profits attributed to shareholders of the listed companies in H1 of 2017, up by 0 . 4% YOY and down by YOY respectively; averaged rise ratios for revenue and net profits from the steel industry were 78 . 10% and 206 . 03% respectively in H1 of 2017.
Environmental inspection exerted great influence on the company’s production in Q1 of 2017, so the company’s economic benefits dropped. National supply-side reform and de-capacity move forward constantly; in addition, the environmental inspection slows down, some improvement is seen in the company’s performance.