Bayi Steel sees 25.13 percent fall in operating revenue in Jan-Sept
Tuesday, 01 November 2016 09:47:43 (GMT+3)
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Shanghai
Xinjiang Autonomous Region-based Chinese steelmaker Bayi Iron and Steel Group (Bayi Steel) has announced an operating revenue of RMB 6.890 billion ($1.02 billion) for the January-September period of the current year, down 25.13 percent year on year, with a net loss of RMB 552 million ($81.54 million) compared to a net loss of RMB 1.729 billion in the same period of 2015.
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