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Bayi Steel reports net profits in Q1

Bayi Steel reports net profits in Q1

Write: Akando [2011-05-20]

Bayi Steel had a net profit of 150 million yuan and earnings per share of 0.2 yuan in the first quarter of this year. The company reported operating revenues of 5.15 billion yuan, up 57.67 percent, compared with a loss of 100 million yuan during the same period last year.