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    Shagang realizes net profits of RMB189 million in H1 of 2017

    2017-08-30 17:22:22   [Print]
    On August 25, Shagang Co.Asian Metal Copyright36% YOY basing on increased selling prices and sales margin.Asian Metal Copyright, Ltd.Asian Metal Copyright released semi-annual report that in H1 of 2017 it achieved operating revenue of RMB6.Asian Metal Copyright released semi-annual report that in H1 of 2017 it achieved operating revenue of RMB6.Asian Metal Copyright56% YOY; 　　 According to Shagang, firstly, as prices for steel products increased sharply compared with the corresponding period of last year, net profits moved up accordingly; secondly, it raised added value of products through process innovation and product mix optimization; thirdly, it made great efforts to reduce manufacturing cost and reinforced internal management.Asian Metal Copyright110 billion, up by 83.Asian Metal Copyright70-204.Asian Metal Copyright48% YOY; net profits belonging to shareholders of listed companies of RMB189 million, up by 187.56% YOY;
    　　
    According to Shagang, firstly, as prices for steel products increased sharply compared with the corresponding period of last year, net profits moved up accordingly; secondly, it raised added value of products through process innovation and product mix optimization; thirdly, it made great efforts to reduce manufacturing cost and reinforced internal management.

    Shagang expects to see net profits belonging to shareholders of listed companies from Jan to September of RMB340-400 million, up by 158.70-204.Asian Metal Copyright36% YOY basing on increased selling prices and sales margin.Asian Metal Copyright36% YOY basing on increased selling prices and sales margin.

    .Asian Metal Copyright110 billion, up by 83Asian Metal Copyright
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