Nanjing Steel sees 67.95 percent rise in net profit in Jan-Sept

Jiangsu Province-based Chinese steel producer Nanjing Iron and Steel Co. Ltd (Nanjing Steel) has announced that in the first nine months of the current year it achieved an operating revenue of RMB 33.64 billion ($4.83 billion), up 24.27 percent year on year, and a net profit of RMB 3.437 billion ($0.49 billion), increasing by 67.95 percent year on year.