Chin GISE sees net loss of CNY 234 million in Jan to Sept
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Friday, 28 Oct 2011
It is reported that Chinese steel producer Guangzhou Iron & Steel Enterprises Group a subsidiary of Chinese steel giant Baosteel first three quarters of this year its gross revenue totaled CNY 4.652 billion. However, in the given period the group recorded a net loss of CNY 234 million.
In the first half of the year, Guangzhou Iron & Steel Enterprises Group gross revenue had totalled CNY 3.419 billion while it had recorded a net loss of CNY 128 million.
(Sourced from Steelorbis.com)
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