Henan Province-based Chinese steelmaker Zhongyuan Special Steel Co. has issued its preliminary financial results for the first quarter of the current year, indicating a net loss of RMB 9.6543 million ($1.57 million), up 69.46 percent year on year.
In the same period, the operating revenue of the company amounted to RMB 648.7669 million ($105.32 million), up 5.13 percent year on year.