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  • Ma Steel reports net profit in H1 up by 263% YOY

    2017-08-25 17:24:10   [Print]
    Ma Steel released the semi-annual report on late 23 August, stating that the company achieved a business income of RMB35.Asian Metal Copyright .Asian Metal Copyright188 billion, up by 67.Asian Metal Copyright759 billion in the first nine months of last year; meanwhile, the company may keep the profitability in Q3 owing to the positive operation.Asian Metal Copyright55% YOY, with net profit up by 262.Asian Metal Copyright The new developed hot-rolled H steel for special autos filled the gap in the domestic and the company realized batch supply for galvanizing automobile panel, submarine pipeline steel and glassed steel.Asian Metal Copyright98% YOY to RMB1.Asian Metal Copyright21.Asian Metal Copyright643 billion and EPS of RMB0.Asian Metal Copyright As a result, the company expects that the net profit from early this year to next report term will increase dramatically compared with the same period of last year.Asian Metal Copyright21.

    During H1 of 2017, the company optimized resources allocation and enhanced efficiency by analyzing price trend of plates, seeing sales volume of 200,000t. The new developed hot-rolled H steel for special autos filled the gap in the domestic and the company realized batch supply for galvanizing automobile panel, submarine pipeline steel and glassed steel.

    During H1, the company’s net profit was RMB16.43 billion, up by from RMB0.Asian Metal Copyright759 billion in the first nine months of last year; meanwhile, the company may keep the profitability in Q3 owing to the positive operation.Asian Metal Copyright759 billion in the first nine months of last year; meanwhile, the company may keep the profitability in Q3 owing to the positive operation.Asian Metal Copyright During H1 of 2017, the company optimized resources allocation and enhanced efficiency by analyzing price trend of plates, seeing sales volume of 200,000t.Asian Metal Copyright As a result, the company expects that the net profit from early this year to next report term will increase dramatically compared with the same period of last year.

    .Asian Metal Copyright759 billion in the first nine months of last year; meanwhile, the company may keep the profitability in Q3 owing to the positive operationAsian Metal Copyright
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