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Liuzhou Steel 09 profits up 16 times

Liuzhou Steel 09 profits up 16 times

Write: Steffie [2011-05-20]

Despite a year-on-year fall of 9.07 percent in operating revenue to 26.5 billion yuan, Liuzhou Steel posted a far-greater-than-expected increase of 1,641.25 percent in net profits, at 270 million yuan, and earnings per share of 0.11 yuan last year.