Baowu Steel’s net profit down 44% in first three quarters

Baowu Steel reported a sharp drop in its net profit the during the January-September period on the Sino-US trade war and falls in steel prices.

Net profit came in at 8.87 billion yuan ($1.26 billion), down 43.65% from 15.75 billion yuan in the first three quarters of...


Jessica Zong

October 28, 2019

05:30 GMT