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27 Apr
12:54

HBIS doubles profits in Q1

Hebei Iron & Steel (HBIS) has seen its operating revenue jump 40.07% year-on-year in the first quarter of 2021, and its net profit attributable to listed company shareholders soared by 110.99% y-o-y over the period. The increase in operating revenue was due to the substantial increase in product sales prices during the reporting period, which also resulted in a substantial year-on-year increase in the company's net profit, Kallanish learns from the HB…
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