国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

Listed steel companies see profit surge in H1

Source: Xinhua| 2018-09-09 09:42:52|Editor: Yang Yi
Video PlayerClose

BEIJING, Sept. 9 (Xinhua) -- China's listed steel firms reported a surge in earnings in the first half of this year amid continued government efforts to cut overcapacity in the sector.

Steel companies listed on the Shanghai Stock Exchange reported combined profits of 29.6 billion yuan (about 4.34 billion U.S. dollars) in H1, up 134 percent year on year, data from the exchange showed.

Total revenue of these companies reached 426.5 billion yuan, up 15 percent year on year.

The rise came as authorities continued efforts to cut excess capacity in the industry as part of the country's supply-side structural reform.

In the first seven months of 2018, China cut outdated crude steel capacity by 24.7 million tonnes, completing more than 80 percent of this year's capacity-cut target of 30 million tonnes, according to the National Development and Reform Commission.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001374555971
主站蜘蛛池模板: 牙克石市| 山阳县| 斗六市| 德惠市| 深州市| 阿勒泰市| 大城县| 桂林市| 文昌市| 甘谷县| 醴陵市| 黔南| 阳春市| 新晃| 无为县| 南川市| 千阳县| 江阴市| 郸城县| 临武县| 宕昌县| 呼图壁县| 平度市| 上高县| 玉林市| 栖霞市| 石门县| 桦南县| 九台市| 邯郸县| 琼结县| 临夏县| 龙井市| 枣强县| 龙门县| 襄汾县| 大理市| 穆棱市| 合水县| 农安县| 抚松县|