Lingyuan Iron & Steel to turn year-on-year losses into gains in H1 with expected profit of RMB400 million
2017-07-06 16:16:02 [Print]
Lingyuan Iron & Steel announced on the evening of July 5 that, the company expected to turn year-on-year losses into gains in H1 with expected profit of about RMB400 million compared with loss of RMB79.7315 million in H1 2016.
According to the announcement, the company strengthened efforts on lowering cost and increasing efficiency. In addition, the improving steel market led more output and sales, net profit margin and operating income for the company.
According to the announcement, the company strengthened efforts on lowering cost and increasing efficiency. In addition, the improving steel market led more output and sales, net profit margin and operating income for the company.
