Qinghai Province-based Chinese steelmaker Xining Special Steel has announced that its net loss amounted to RMB 311 million ($45.9 million) in the January-June period this year, compared to a net loss of RMB 235 million recorded in the same period last year.
In the given period, Xining Special Steel registered an operating revenue of RMB 2.817 billion ($0.42 billion), down 2.4 percent year on year.
$1 = RMB 6.7828
