Baosteel profitable
By Maggie Zhang |
March 31, 2011, Thursday
|
Print Edition
Print Edition
BAOSHAN Iron and Steel Co yesterday said its 2010 profit more than doubled on a rising economy in China.
The Shanghai-based steel maker said its net profit attributable to shareholders rose 122 percent to 13 billion yuan (US$2 billion) last year. Its revenue grew 36 percent from a year ago to 202 billion yuan last year.
The Shanghai-based steel maker said its net profit attributable to shareholders rose 122 percent to 13 billion yuan (US$2 billion) last year. Its revenue grew 36 percent from a year ago to 202 billion yuan last year.
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