Total profit of Baowu Steel Group in China 2014-2020

Published by
Lai Lin Thomala,
Jan 3, 2024
In 2020, the total profit (before tax) of China Baowu Steel Group Co., Ltd. amounted to approximately 45.5 billion yuan, an increase of 32 percent compared to 2019. In terms of steel output in 2020, China's state-owned Baowu Group ranked first among the world's steelmakers.

Total profit of China Baowu Steel Group Co., Ltd. from 2014 to 2020 (in billion yuan)

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Release date

October 2021

Region

China

Survey time period

2014 to 2020

Supplementary notes

One yuan equals approximately 0.16 U.S. dollars and 0.14 euros (as of February 2022).

*Figures from 2014 to 2017 have been taken from previous publications.

Figures have been rounded.

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