Liaoning Province-based Chinese steelmaker Lingyuan Iron & Steel Co., Ltd. (Lingyuan Steel) has issued its financial report for the first nine months this year.
The company stated that its operating revenue amounted to RMB 15.522 billion ($2.2 billion) in the given period, down 11.12 percent year on year, while it recorded a net loss of RMB 201 million ($28 million), compared to a net loss of RMB 209 million in the same period last year.