Announcement

Monday, January 24, 2011

Baotou Steel expects to return to profit

It is reported that Inner Mongolia Baotou Steel Union expects to return to profit in 2010 with net profit attributable to shareholders of CNY 150 million to CNY 250 million and earnings per share of CNY 0.02 to CNY 0.04.

The company recorded a loss of CNY 1.63 billion in 2009.

According

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