Briefs, January 10, 2013

Unaudited net profit at Baoshan Iron & Steel, the country's largest listed steelmaker, rose about 40 per cent last year to 10.3 billion yuan (HK$12.8 billion), helped by the sale of some assets, the firm said. But operating profit before one-off items fell 33 per cent to 6.2 billion yuan.

via Business feed http://www.scmp.com/business/china-business/article/1124227/briefs-january-10-2013