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Baoshan Steel 2010 profit more than doubles

Baoshan Steel 2010 profit more than doubles

Write: Rodwell [2011-05-20]

Baoshan Iron & Steel Co, China s biggest publicly traded steelmaker, said 2010 profit more than doubled to 12.8 billion yuan ($1.9 billion), the highest since 2006, Bloomberg reported.

Net income gained 120 percent from 5.82 billion yuan in 2009, according to an exchange filing

.