Bengang Steel Plates posts increased net profit for H1

Liaoning Province-based Chinese steelmaker Bengang Steel Plates Co. (Bengang Steel Plates), a listed subsidiary of Benxi Iron and Steel (Group) Co. (Bengang Group), has announced that it registered an operating revenue of RMB 12.63 billion ($1.90 billion) for the first half of the current year, down 22.73 percent year on year, with a net profit of RMB 183 million ($27.48 million), up 42.60 percent year on year.