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Liuzhou Iron and Steel Group achieves profit of 6 billion yuan from January to August
 
Date:2018-09-27 By:Hui Zhong Source:Liuzhou Daily

This year, the main production of Liuzhou Iron and Steel Group has maintained a stable, efficient and low-consumption situation, and its performance has reached a new stage. From January to August, the operating income was 57.281 billion yuan and the pure profit was 6.063 billion yuan.

It is reported that since 2018, Liuzhou Iron and Steel Group has firmly followed the main direction of high-quality development, tightly centered on the overall working method of "Adjusting the Structure, Expanding the Market, Promoting Reform, Strengthening Management, and Avoiding Corruption", actively seized the opportunity of market, deepened internal reform and innovation, continued to increase the potential development and efficiency, optimized industrial layout, and accelerated the transformation and development. The competitiveness of enterprises was further enhanced and the production remained stable, efficient and low consumption. From January to August, the output of iron, steel and timber reached 8 million tons, 8.582 million tons and 10.804 million tons, with an increase rate of 7.44%, 8.42% and 7.39%, respectively. The operating income, profit and income of Liuzhou Iron and Steel Group was 57.281 billion yuan, 6.063 billion yuan and 7.993 billion yuan, respectively, with an increase of 31.18%, 363.53% and 249.34% over the same period.

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