Shandong Province-based Chinese steelmaker Shandong Iron and Steel Co., Ltd has issued its financial report for the first nine months this year.
The company stated that its operating revenue amounted to RMB 68.38 billion ($9.5 billion) in the given period, down 10.72 percent year on year, while its net loss totaled RMB 339 million ($47.2 million), shifting from a net profit of RMB 267.5 million in the same period of last year.