Chinese steelmaker Chongqing Iron and Steel Company (Chongqing Steel) has announced its financial results for 2011.
In the given year, Chongqing Steel's net loss totaled RMB 1.47 billion ($233.51 million), with a loss per share of RMB 0.00849 ($0.0013). In 2010, Chongqing Steel had registered a net profit of RMB 11.27 million ($1.79 million).