Zhejiang Province-based Chinese steelmaker Yongxing Special Stainless Steel Co. (Yongxing Special Steel) has issued its financial report for the third quarter. In the third quarter, it registered an operating revenue of RMB 1.21 billion ($170 million), up 25.09 percent year on year, while it posted a net profit of RMB 106 million ($15.3 million), up 13.47 percent year on year.
In the January-September period of the year, it registered an operating revenue of RMB 3.63 billion ($520 million), up 24.4 percent year on year, while it posted a net profit of RMB 330 million ($47.6 million), up 26.81 percent year on year.