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Baogang share: gains net profit of 588 million yuan, with a y-o-y increase of more than 20 times in H1 2017

August 24, 2017      Source:ruidow

Keywords:rare earth


In the evening of August 23, Baogang share announced the semi-annual report, the company achieved operating income of 21.122 billion yuan, with an increase of 75.56%; the net profit was 588 million yuan, with an increase of 2035.53%. The company seized the opportunity of price up, vigorously developed high-end target customers and high value-added products, and increased the comprehensive utilization of resources. The production of rare earth concentrate and iron ore was basically stable.

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