Trade Resources Industry Views Hangzhou Steel Group Announces That in 2013 Its Sales Revenues Totaled RMB 102.8 Billion

Hangzhou Steel Group Announces That in 2013 Its Sales Revenues Totaled RMB 102.8 Billion

On January 14, Zhejiang Province-based Chinese steelmaker Hangzhou Iron and Steel Group Company (HISGC) announced that in 2013 its sales revenues totaled RMB 102.8 billion ($16.8 billion), compared to the target of RMB 100 billion ($16.34 billion) for the year, while it achieved a net profit of RMB 1.022 billion ($167 million). In 2012, Hangzhou Steel Group had recorded sales revenues of RMB 91.281 billion and a net profit of RMB 803 million.

In 2013, Hangzhou Steel Group's finished steel sales amounted to 3.46 million mt, up 150,000 mt year on year.

Source: http://www.steelorbis.com/steel-news/latest-news/hangzhou-steel-groups-sales-revenues-total-rmb-1028-billion-in-2013-806369.htm
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Hangzhou Steel Group's Sales Revenues Total RMB 102.8 Billion in 2013
Topics: Metallurgy