Huangshi, Hubei Province-based Chinese special steel producer Daye Special Steel has announced that its net profit in 2011 indicated a 4.1 percent year-on-year increase to RMB 585 million ($92.86 million).
Meanwhile, in the given year the operating revenue of Daye Special Steel totaled RMB 9.262 billion ($1.47 billion), up 17.34 percent year on year.