Shandong Steel’s operating revenue down 23.37 percent in Jan-Sept
Friday, 31 October 2014 11:35:49 (GMT+3)
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Shanghai
Chinese steelmaker Shandong Iron and Steel Group (Shandong Steel) has announced that in the first nine months of the current year it registered an operating revenue of RMB 40.258 billion ($6.56 billion), down 23.37 percent year on year. In the same period, the company recorded a net loss of RMB 991 million ($161.4 million), compared to a net loss of RMB 128 million in the January-September period last year.
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