www.p5w.net reported that Sinosteel Anhui Tianyuan Technology Co, Ltd has released its earnings report in the H1 year on July 22nd evening.

The company has gained net profit of CNY 0.9478 million down by 65%YoY in the first six months. The total business revenues come at CNY 0.166 billion down by 17.28%YoY, the ESP during January to June stands at CNY 0.01 down by 66.67%.

As per report, the main driver behind the sliding performance is the lower selling prices impacted by financial crisis in the period with shrinking products orders.

(Sourced from www.p5w.net)