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Hangzhou Steel net profit in 2011 down by 14pct

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Publish time: 24th March, 2012      Source: ChinaCCM
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Hangzhou-based Chinese steelmaker Hangzhou Iron and Steel Co registered a net profit of CNY 300 million in 2011 down by 13.88%YoY. Earnings per share for the given year amounted to CNY 0.36.

In 2011, the operating revenue of Hangzhou Steel totaled CNY 22.33 billion up by 15.02%YoY.