Xining, Qinghai Province-based Chinese special steel producer Xining Special Steel Holdings has announced its financial report for 2011.
Accordingly, in 2011 Xining Special Steel Holdings' net profit amounted to RMB 324 million ($51.43 million), up 38.99 percent from 2010.
In 2011, the company achieved a total operating revenue of RMB 8.208 billion ($1.303 billion), rising by 16.39 percent year on year. Meanwhile, its earning per share (EPS) in the given period was RMB 0.44 ($0.07).