Xinsteel expects performance to increase substantially in H1 of 2017
2017-07-26 17:47:20 [Print]
Xinsteel disclosed at night of 24 July that its net profit attributed to shareholders of listed companies is expected to be RMB500-600 million in Jan-Jun 2017 while the figure was RMB110.8122 million in the same period of 2016.
The company expressed that the steel product market recovers obviously under the background of China’s supply-side reform and rises in original fuel prices are limited, which creates favorable conditions for steel mills to improve performance.
The company expressed that the steel product market recovers obviously under the background of China’s supply-side reform and rises in original fuel prices are limited, which creates favorable conditions for steel mills to improve performance.
