Jiangxi Province-based Chinese steelmaker Xinyu Iron and Steel Co.(Xinyu Steel) has announced that in the first half of the current year it registered an operating revenue of RMB 25.195 billion ($3.69 billion), up 11.41 percent year on year, as well as a net profit of RMB 2.159 billion ($0.32 billion), rising by 277.46 percent year on year.