News Column

Angang Steel H1 Net down 17.81%

August 14, 2014

SHANGHAI, August 14, SinoCast -- Angang Steel gained CNY 38.18 billion incomes in the first half of the year, up 3.4% year on year; it made CNY 577 million net profits, down 17.81%, and achieved CNY 0.08 earnings per share.

The company produced 10.98 million tons of cast iron in the period, up 5.43% year on year; it produced 10.85 million tons of steel, up 8.38%; it produced 10.16 million tons of steel products, up 7.48%; it sold 10.02 million tons of steel products, up 9.78%.

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Source: Sinocast Metals, Mining & Chemicals Beat (China)

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