Fangda Special Steel’s net profit rises sharply in January-April

Jiangxi Province-based Chinese steelmaker Fangda Special Steel Technology Co., Ltd (Fangda Special Steel) has announced that in the January-April period of the current year it  registered an operating revenue of RMB 8.441 billion ($1.29 billion), with a net profit of RMB 738 million ($113.19 million), increasing by 420.29 percent year on year.