Baoshan Iron and Steel Q1 net profit dropped by 21pct YoY
Published on Wed, 04 May 2011
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China\'s Baoshan Iron and Steel Co, the Shanghai listed unit of Baosteel Group, said that net profit for the first quarter of 2011 slipped 21.88% YoY CNY 3.070 billion. Its quarterly sales totaled CNY 54.018 billion, up by 21.84% YoY.
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