Daye Special Steel sees net profit of RMB 292 million in 2016

Hubei Province-based Chinese steelmaker Daye Special Steel Co. (Daye Special Steel) has announced in its annual report that in 2016 it registered an operating revenue of RMB 6.392 billion ($0.93 billion), up 3.15 percent year on year, with a net profit of RMB 292 million ($42.38 million), compared to the net profit of RMB 270 million it recorded in 2015.