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Chongqing Steel sees net loss of RMB 788 million in July-Sept

Gangya Metal918 people have read

Chongqing-based Chinese steelmaker Chongqing Iron and also Steel has released its financial record for the July-September duration this year, announcing that it registered an operating profits of RMB 7.6499 billion ($ 1.06 billion) in the provided duration, down 15.88 percent year on year, and also a net loss of RMB 788 million ($ 109.1 million). In the January-September duration of the current year, Chongqing Steel signed up an operating profits of RMB 25.67 billion ($ 3.6 billion), lowering by 19.2 percent year on year, while uploading a net loss of RMB 271 million ($ 37.5 million).$ 1 = RMB 7.2197

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