Fushun Special Steel Co. (600399.SH) announced on Wednesday that its net profits for 2015 are expected to jump in a range between 300 percent and 350 percent year on year.
According to a filing to the stock exchange, it earned net profits of 46.96 million yuan in 2014. In 2015, the company adjusted product mix, kept profitability of important products growing, significantly reduced financial costs, and obtained government subsidies, which led to a jump in net profits.
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