Fushun Special Steel posts net profit of RMB 111 million for 2016

Liaoning Province-based Chinese steelmaker Fushun Special Steel Co. (Fushun Special Steel), a subsidiary of Dongbei Special Steel Group, has announced in its annual report that in 2016 it registered an operating revenue of RMB 4.678 billion ($0.68 billion), up 2.63 percent year on year, with a net profit of RMB 111 million ($16.11 million), compared to the net profit of RMB 197 million it recorded in 2015.