One of the largest steel companies in China Wuhan Iron and Steel Co (Wisco) published the financial results of its activities for the first half of 2013. According to the data provided, the company's operational income amounted to 44 billion 398 million yuan or 7 billion 250 million US dollars, which is 2.01 percent less than in the APPG-2012.
However, due to the fact that Wisco has significantly increased the sales of metal -added value (long -scale main rails, etc.), the company's net profit reached the level of 461 million yuan or 75 million 300 thousand US dollars, which is 141 percent higher than last year.
In the first six months since the beginning of 2013, Wisco has produced 9 million 759 thousand 900 tons of steel, 9 million 495 thousand 500 tons of cast iron and 9 million 148 thousand 800 tons of finished rental.
In the first half of 2013, Chinese Wisco has grown a blank profit and a half times
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Azovpromstal® 29 August 2013 г. 17:17 |