Zhejiang Province-based Chinese steelmaker Jiuli Special Steel Co., Ltd. (Jiuli Special Steel) has announced that in the January-September period of the current year it recorded an operating revenue of RMB 1.956 billion ($0.31 billion), down 6.67 percent year on year, with a net profit of RMB 117 million ($18.40 million), down 28.64 percent year on year.
In the third quarter of the year, the company registered an operating revenue of RMB 655 million ($102.99 million), down 11.31 percent year on year, with a net profit of RMB 43.163 million ($6.79 million), down 26.46 percent year on year.