Liaoning Province-based Chinese steelmaker Bengang Steel Plates Co. (Bengang Steel Plates), a listed subsidiary of Benxi Iron and Steel (Group) Co. (Bengang Group), has announced that it registered an operating revenue of RMB 11.642 billion (1.85 billion) in the first quarter of the year, up 4.57 percent year on year, while it posted a net profit of RMB 351 million ($55.85 million) in the given period, up 15.85 percent year on year.