Chongqing-based Chinese steelmaker Chongqing Iron and Steel Co., Ltd. (Chongqing Steel) has issued its financial report for the first nine months this year.
The company stated that its operating revenue amounted to RMB 30.0 billion ($4.2 billion) in the given period, up 16.94 percent year on year, while it posted a net loss of RMB 592 million ($82.5 million), compared to the net loss of RMB 271 million recorded in the same period last year.