Hebei Province-based Chinese steelmaker HBIS Company Ltd has issued its financial report for the first nine months this year, stating that its operating revenue amounted to RMB 95.652 billion ($13.3 billion) in the given period, down 13.07 percent year on year, while its net profit totaled RMB 805 million ($112 million), down 30.77 percent year on year.
In the July-September period this year, HBIS Company registered an operating revenue of RMB 31.298 billion ($4.4 billion), down 17.72 percent year on year, while it posted a net profit of RMB 294 million ($41 million), up 55.77 percent year on year.