Jiangxi Province-based Chinese steelmaker Xinyu Iron and Steel Co.(Xinyu Steel) has announced an operating revenue of RMB 35.51 billion ($5.4 billion) for the first nine months of the current year, up 65.61 percent year on year, as well as a net profit of RMB 1.375 billion ($0.21 billion) for the given period, up sharply compared to the net profit of RMB 275.95 million recorded in the January-September period of last year.