Liuzhou Steel returns to profit in January-September

Guangxi Zhuang Autonomous Region-based Chinese steelmaker Liuzhou Iron and Steel Co. (Liuzhou Steel) announced on October 29 that in the first nine months of the current year it registered an operating revenue of RMB 27.228 billion ($4.43 billion), down 1.40 percent year on year, while it achieved a net profit of RMB 204 million ($33.22 million), compared to a net loss of RMB 2.5724 million in the same period last year.