Hubei Province-based Chinese steelmaker Daye Special Steel Co. (Daye Special Steel) has announced that in the third quarter of the current year it registered an operating revenue of RMB 1.35 billion ($0.21 billion), down 26.53 percent year on year, with a net profit of RMB 67 million ($10.56 million), decreasing by 28.91 percent year on year.
In the January-September period of the current year, the company recorded an operating revenue of RMB 4.397 billion ($0.69 billion), down 22.14 percent year on year, with a net profit of RMB 206 million ($32.47 million), down 8.89 percent year on year.