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Masteel Group expects an annual net profit in 2020 about 1.979 billion yuan

• Monday, February 1, 2021
• Source:ferro-alloys.com

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• Keywords:Masteel Group, annual net profit

[Ferro-Alloys.com] Masteel Group (SH 600808) issued its performance forecast on the afternoon of January 29. The company expects to achieve a net profit  attributable to shareholders of Listed Companies in 2020 of about 1.979 billion yuan, which will increase by about 851 million yuan compared with the same period of last year, that is a year-on-year increase of about 75.44%.

 

The net profit attributable to shareholders of listed companies after deducting non recurring profit and loss is about 1.418 billion yuan, which will decrease by about 218 million yuan or 13.33% compared with the same period of last year.

 

Source: translated by editor
 

 

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