Tianjin(GB)  |  Binhai(GB)  |  TJTV  |  Tianjin Free Trade Zone  | 

About Enorth.com.cn
  |  Chairman & President  |  Web Channels 
Home | News | Photo | Biz Tianjin | Travel in Tianjin | Learn About Tianjin | Talents in Tianjin | Binhai New Area
   

your position :enorth.com.cn > English > News > tianjin  content
Tianjin Steel achieves best results in 10 months of 2008
enorth.com.cn   2008-12-03 10:16

 

Tianjin Iron & Steel Co Ltd has carried out some efficient managerial strategies to speed up its economic growth, and achieved the best scores in the history. During the first ten months of this year, the total industrial output value of the company is at CNY 25.747 billion up by 50.93% YoY, the sales revenue climbs to CNY 36.775 billion up by 51.16% YoY the profit is up by 77.05% YoY at CNY 1.188 billion and the pre-tax profit is CNY 1.962 billion up by 38.36% YoY. Exports values stand at USD 1.246 billion in the same review period, up 90.95% YoY with the average incomes of the staffs coming at CNY 33,921 per year up by 21.83% YoY.

In the face of continuous steel products price dives, especially the world financial crisis, domestic steel industry began to cut production, staffs and salaries. However, Tianjin Steel has stepped up all efforts to ensure CNY 42 billion annual sales goal through new products development and cost reduction amid the meltdown in steel market.

To meet the strong market demands, the steel mill focuses on the high value-added products, and has successfully developed 12 new products like the high-strength ship plates, wind power tower body steel, high-strength UK standard rebar etc, which have been accredited by 8 countries classification societies.


Editor:
 

Most Popular

Binhai heart to Tianjin's plans
Tianjin Tianlian to get 3b yuan injection
Tianjin: promoting the energy saving level through the optimization of structure and the improvement of awareness
Tianjin High-Tech Developmental Park improves independent innovation capacity
Tianjin builds 20 important service projects
Tianjin-Binhai Light Railway makes a breakthrough in passenger flow
Memory of An Jihe, Engineer of Tianjin Tiantie Group
Tianjin Railway Station Rebuilding Project to be finished in late 2007
Tianjin Petrochemical makes all-out to forge a state-level petrochemical base
Tianjin Binhai to attract foreign investment
Tianjin gives priority to the development of public transport
City card is available in Tianjin now
Tianjin Invests 14 Million yuan, Wuqing 180 Thousand Farmers No Longer Drink Fluoric Water
“General Director” Zhang Lili Wants to Build China’s Biggest Free Trade Zone
Tianjin: “Underwater Express” passing through Xidahu Lake

Editor: Zhang Jialu

Copyright (C) 2000-2008 Enorth.com.cn, Tianjin ENORTH NETNEWS Co.,LTD.All rights reserved