Fujian Province-based Chinese steelmaker Sansteel Minguang Co., Ltd has issued its financial report for the first nine months this year.
The company stated that its operating revenue was RMB 34.368 billion ($4.8 billion), down 13.94 percent year on year, while it posted a loss of RMB 592 million ($82.5 million), compared to a net profit of RMB 74.809 million ($10.4 million) in the same period last year.