HBIS's net profit up by 200% in H1

HBIS released its H1 performance report on the evening of August 29 that it realized operating income of RMB54.Asian Metal Copyright82% YOY.Asian Metal Copyright46 billion in H1 of 2017, up by 43.Asian Metal Copyright65% YOY; the net profits belonging to shareholders of listed companies were RMB1.Asian Metal Copyright65% YOY; the net profits belonging to shareholders of listed companies were RMB1.Asian Metal Copyright85 million tons of pig iron, 14.Asian Metal Copyright251 billion, up by 205.Asian Metal Copyright The company expressed that with the continuously deepened implementation of supply-side reform in the steel industry and the intensified measures of de-capacity, eliminating intermediate frequency furnaces and renovating low-quality steel products, the external operating environment of the steel industry improved significantly in H1 of 2017 with rising prices for steel products, and the operating stated of steel enterprises was promoted further.Asian Metal Copyright82% YOY.

The company expressed that with the continuously deepened implementation of supply-side reform in the steel industry and the intensified measures of de-capacity, eliminating intermediate frequency furnaces and renovating low-quality steel products, the external operating environment of the steel industry improved significantly in H1 of 2017 with rising prices for steel products, and the operating stated of steel enterprises was promoted further.

During the reporting period, the company progressively made new achievements in production, operation, reform and development. It produced 13.Asian Metal Copyright65% YOY; the net profits belonging to shareholders of listed companies were RMB1.Asian Metal Copyright85 million tons of pig iron, 14.Asian Metal Copyright251 billion, up by 205.Asian Metal Copyright14 million tons of crude steel, 13.Asian Metal Copyright46 billion in H1 of 2017, up by 43.Asian Metal Copyright55 million tons of steel products and 76,700t of vanadium slag in Jan-Jun 2017, respectively down by 4.Asian Metal Copyright The company expressed that with the continuously deepened implementation of supply-side reform in the steel industry and the intensified measures of de-capacity, eliminating intermediate frequency furnaces and renovating low-quality steel products, the external operating environment of the steel industry improved significantly in H1 of 2017 with rising prices for steel products, and the operating stated of steel enterprises was promoted further.Asian Metal Copyright43%, 0.Asian Metal Copyright251 billion, up by 205.Asian Metal Copyright14%, 1.Asian Metal Copyright25% compared with that in the same period of last year.Asian Metal Copyright27% and 8.Asian Metal CopyrightHBIS released its H1 performance report on the evening of August 29 that it realized operating income of RMB54.Asian Metal Copyright25% compared with that in the same period of last year.

.Asian Metal Copyright The company expressed that with the continuously deepened implementation of supply-side reform in the steel industry and the intensified measures of de-capacity, eliminating intermediate frequency furnaces and renovating low-quality steel products, the external operating environment of the steel industry improved significantly in H1 of 2017 with rising prices for steel products, and the operating stated of steel enterprises was promoted furtherAsian Metal Copyright