21/03/2011 00:00 AST

It is reported that Laiwu Iron & Steel Group Corp Ltd a subsidiary of Shandong Iron and Steel Group Co Ltd 2010 achieved net profit of CNY 124 million in 2010 up by 49.79%YoY.

In 2010, Laigang actualized business revenues of CNY 40.3 billion up by 42.49%YoY and realized net profit of CNY 124 million increasing by 49.79YoY. The profit of each share earned CNY 0.134 up by 50.56%YoY.


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