Jan 27, 2021 11:12 PM (GMT+8) · EqualOcean
CISA held an information conference in Beijing on the 27th to introduce the operation of the iron and steel industry in 2020. According to the preliminary statistics, in 2020, the sales revenue of key steel enterprises is 4703.3 billion yuan, with a year-on-year increase of 10.86%; the total profit is 207.4 billion yuan, with a year-on-year increase of 6.59%; the average sales profit rate is 4.41%, with a year-on-year decrease of 0.18%. Iron and steel enterprises optimize the structure of assets and liabilities, expand direct financing channels, and the debt level has declined. At the end of December 2020, the asset liability ratio of iron and steel enterprises was 62.27%, a year-on-year decrease of 0.18%.

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