Xinyu Steel posts net loss of RMB 245 million for Jan-Sept

Jiangxi Province-based Chinese steelmaker Xinyu Iron and Steel Co.(Xinyu Steel) has announced that in the January-September period of the current year it registered an operating revenue of RMB 18.08 billion ($2.83 billion), down 32.28 percent year on year, with a net loss of RMB 245 million ($38.42 million) compared to the net profit of RMB 136 million recorded in the same period of 2014.