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., 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.
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.
