Bayi Steel sees 52pct fall in net profit in Jan to June

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Publish time: 25th July, 2012      Source: ChinaCCM
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Xinjiang-based Chinese steelmaker Bayi Iron and Steel Co issued its financial results for the first half of the current year announcing a net profit of CNY 190 million down by 51.13%YoY.

In the January to June period this year, the operating revenue of Bayi Steel amounted to CNY 14.14 billion up by 0.83%YoY