SGIS Songshan H1 net profits down by 47pct YoY

   Date:2011/08/29

SGIS Songshan Co Ltd H1 earnings report on Aug 25th indicating that the company has achieved sales revenue of CNY 11.15 billion in H1 this year with an increase of 21.13%YoY among which CNY 62 million of net profits should be attributed to its shareholders down by 46.82%YoY with the ESP at CNY 0.0371.

During January to June, the company didn’t plan to undertake profit allocation and accumulation fund turning to capital stock as well.

 

Source:Steelguru

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