According to Mining News Pro - According to Saba Energy Holding, Oxin Steel Co. has established a new record in net profit.

Since the establishment of Oxin Steel Co., this company have seen ups and downs, but the important thing about this company is the historical record in production, sales and net profit in the first 6 months of 1399.

In the first half of the year, the company’s products have reached 418 thousand tons which not only has it increased over the same period last year, but the product mix has also shifted in favor of high-margin products.

During this period, the company`s sales revenue and operating profit grew by 141 percent and 755 percent, respectively. The company`s net profit also grew by about 800 percent approximately.