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Shagang Group posts gross profit of RMB 5.05 billion for 2016

Tuesday, 24 January 2017 14:09:54 (GMT+3)   |   Shanghai
       
Jiangsu Province-based Chinese steelmaker Shagang Group has announced an operating revenue of RMB 198.3 billion ($28.95 billion) for 2016, with a gross profit of RMB 5.05 billion ($0.74 billion). Accordingly, Shagang Group has achieved a profit in each of the last eight years.

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