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03 Aug
07:33

Anyang Steel's profit soars in first half

The listed arm of central China's Anyang Steel saw a better performance in the first half of 2018, despite output levels falling further, according to its report to the Shanghai Stock Exchange. The company's net attributable profits were 35 times higher than those a year earlier at around CNY 1.02 billion ($149 million) in H1 2018, Kallanish notes. Against a background of supply side reform and improvements in both profitability and domest…
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