News came from Valin Steel that the revenue of the company in the first half of 2019 is expected to reach around 4.84 billion yuan, up 11% on year; and it may achieve 2.21-2.31 billion yuan net profit, down 32.82-35.73% on year.
The business performance slackened caused by high production cost amid a rise of iron ore price compared the same period of last year.
(To contact the reporter on this story: molly.shi@steelhome.cn or 86-21-50585358) |