Baowu Steel's net profit rises 35% in January-September

October 31, 2018 / www.metalbulletin.com / Article Link

Baowu Steel Group Corp, China's largest steelmaker, reported increases in its net profit and revenue for the first nine months of 2018.

Its net profit during the January-September period totaled 15.75 billion yuan ($2.26 billion), up 35% from 11.67 billion yuan a year earlier, according to the mill's latest financial report released late on Monday October 29.Its revenue increased by 1% to 225.32 billion yuan in comparison...

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