Shandong Steel records net loss of RMB 189 million in Q1

Tuesday, 05 May 2015 11:45:58 (GMT+3)   |   Shanghai
Shandong Province-based Chinese steelmaker Shandong Iron and Steel Co. Ltd (Shandong Steel) has issued its financial report for the first quarter of the current year, announcing an operating revenue of RMB 12.272 billion ($1.98 billion), down 12.78 percent year on year, and a net loss of RMB 189.9 million ($30.6 million), compared to a net loss of RMB 370.5 million in the same period last year.

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