Bayi Steel sees 52pct fall in net profit in Jan to June
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Monday, 23 Jul 2012
Xinjiang-based Chinese steelmaker Bayi Iron and Steel Co issued its financial results for the first half of the current year announcing a net profit of CNY 190 million down by 51.13%YoY.
In the January to June period this year, the operating revenue of Bayi Steel amounted to CNY 14.14 billion up by 0.83%YoY.
Source - Visit www.steelorbis.com for more
(www.steelguru.com)
