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Masteel Earns 1 Billion Yuan in H1

Masteel Earns 1 Billion Yuan in H1

Write: Hadiya [2011-05-20]

Masteel announced the company attained a net profit of 1.04 billion yuan in the first half of this year, compared with a loss of 795 million yuan a year earlier; and had operating revenues of 31.68 billion yuan, up 35.23 percent. Increased sales volume and higher selling prices were responsible for its better performance.