Jiangxi Province-based Chinese steelmaker Fangda Special Steel Technology Co., Ltd (Fangda Special Steel) has for the first half of the current year announced an operating revenue of RMB 8.238 billion ($1.2 billion), increasing by 31.36 percent year on year, and a net profit of RMB 1.306 billion ($0.19 billion), up 85.35 percent year on year.