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 in the first nine months of the current year it has registered an operating revenue of RMB 90.608 billion ($13.0 billion), up 4.26 percent year on year, while it posted a net profit of RMB 3.371 billion ($0.48 billion), increasing by 53.58 percent year on year.
In the July-September period of the year, the company has registered an operating revenue of RMB 34.432 billion ($4.94 billion), up 6.12 percent year on year, while posting a net profit of RMB 1.549 billion ($0.22 billion), rising by 64.05 percent year on year.