Hebei Province-based Chinese steelmaker Hebei Iron and Steel Co. Ltd (Hebei Steel), listed subsidiary of Hebei Iron and Steel Group (HBIS), has announced that it has registered an operating revenue of RMB 86.905 billion ($13.1 billion) in the January-September of the current year, up 47.02 percent year on year, while recording a net profit of RMB 2.195 billion ($0.33 billion) for the given period, up 135.18 percent year on year.
For the July-September quarter of the year, the steelmaker posted an operating revenue of RMB 32.446 billion ($4.89 billion), up 53.04 percent year on year, and a net profit of RMB 944 million ($142.4 million), rising by 80.09 percent year on year.