Metal Biz reported that on the evening of August 29th 2009, TISCO Stainless Steel had released its first half report.

The report showed that the company achieved the assets profit of CNY 3.384 per share in the first half of 2009, down by 6.10% on an annual basis, the net profit owned by the shareholders of the listed company is CNY 680.90 million, slid by 131.66%, the financial target showed that during the period, the company gained the profit of CNY 0.1195 per share, plunged by 128.92% on a yearly basis, its net assets profit rate glided by 3.53%, decreasing by 15.45% YoY.

(Sourced from Metal Biz)