|
|
|
|
Wuhan Steel Posts Lower Q3 Profit
|
|
| |
Date:[11/8/2010] Source：Shandong Hai Steel Co.,Ltd
|
|
|
|
Wuhan Steel Posts Lower Q3 Profit
|
| Wuhan Steel posted a 49.45 percent year-on-year decrease in third-quarter profit due mainly to its weakening profitability during the period. Net income declined to 276 million yuan, or 0.035 yuan per share. Revenues were 18.49 billion yuan, compared with 13.87 billion yuan a year earlier. Its fourth-quarter profit may advance because of higher steel prices. |
|
|
|
|
|
 |
|
|
