Xinyu Steel posts web revenue of RMB 1.556 billion for Jan-Sept

Jiangxi Province-based Chinese steelmaker Xinyu Iron & Steel Co., Ltd (Xinyu Steel) has announced that it signed up an operating earnings of RMB 75.975 billion ($10.5 billion) in the initial nine months of the existing year, down 11.08 percent year on year, and also an internet profit of RMB 1.556 billion ($0.2 billion) down 54.64 percent year on year.In the July-September period, Xinyu Steel registered an operating profits of RMB 23.9 billion ($3.3 billion), down 22.5 percent year on year, as well as an internet profit of RMB 136 million ($18.8 million), reducing by 86.77 percent year on year.

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