Taigang Stainless, the largest stainless producer in China issued its financial result for the first half of 2013. The company realized operating revenues of RMB54.379 billion in the first half of this year, rising by 8.45% year on year. However, its net profits dropped by 8.83% year on year to RMB333 million in the first half of this year. In the given period of time, Taigang Stainless's crude steel production totaled 4.82 million, falling by 7.43; that of stainless steel was at 1.56 million tons, up by 0.43%, both compared to the figures in the same period of a year ago.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=66089&division=A6
