Baogang's net profit to skyrocket 2,252% y-o-y in 2017

Source: Mysteel Jan 25, 2018 16:04

Shanghai-listed Inner Mongolia Baotou Steel Union Co (Baogang) predicted its net profit to skyrocket 2,252% on year to Yuan 2 billion for 2017.

Shanghai-listed Inner Mongolia Baotou Steel Union Co (Baogang) predicted its net profit to skyrocket 2,252% on year to Yuan 2 billion for 2017, which was far higher than the 355.65% increase for the member mills of the China Iron & Steel Association (CISA), Mysteel noted.Baogang’s achievement was way beyond