Guangxi Zhuang Autonomous Region-based Chinese steelmaker Liuzhou Iron and Steel Co. (Liuzhou Steel) has announced in its financial report for 2017 that in the given year it registered an operating revenue of RMB 41.557 billion ($6.622 billion), up 55.93 percent year on year, and a net profit of RMB 2.646 billion ($0.422 billion), compared to the net profit of RMB 196 million recorded in the previous year.