Tag: China’s Shagang group profit CY’20
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China: Shagang Group’s net profit rises in CY’20
China’s largest EAF steelmaker- Shagang Group has released its financial results of CY’20. It has achieved an operating revenue of RMB 266.8 billion, with tax and profits standing at RMB 19.6 billion. The company’s net profit moved up by 22.8% y-o-y in CY’20. It also expects to achieve similar levels of profit in Q1 CY…