Shougang to see net profits of RMB900-950 million in H1 of 2017
2017-07-14 17:35:07 [Print]
Shougang expects to see net profits of RMB900-950 million in H1 of 2017, up by 5371.12%-5675.08% YOY.
In H1 of 2017, with supply-side reform carrying out, some improvement was seen in the steel de-capacity and steel prices remained at high levels; the company takes the opportunity to increase sales, improve services and adjust product structure according to customers’ demand; the company takes all measures to lower production cost; thus, the company’s net profits soared.
In H1 of 2017, with supply-side reform carrying out, some improvement was seen in the steel de-capacity and steel prices remained at high levels; the company takes the opportunity to increase sales, improve services and adjust product structure according to customers’ demand; the company takes all measures to lower production cost; thus, the company’s net profits soared.
