Jiangsu Province-based Shagang Group, China’s largest private steelmaker, has announced that in 2020 its listed company posted an operating revenue of RMB 14.427 billion ($2.2 billion), up 7.07 percent year on year, while registering a net profit of RMB 650 million ($99.7 million), up 22.81 percent year on year.
SAAGANG还向本年度第一季度发布了财务预测，预测前三个月的可能净利润180-270万元，同比增长83.16-174.74％。