Chinese Metallurgical Company Hunan Valin Iron & Hunan Valin Steel Co. (Hunan Valin Steel), based in Hunan Province, released its financial report for the first nine months of this year, saying that in the period it recorded operating revenue of 94.598 billion yuan ($13.3 billion), down 14.96% from the previous year, and net profit It amounted to 2.51 billion yuan ($0.35 billion), which is 41.72% more than in the previous year.
On the other hand, the company recorded operating revenue of 31.804 billion yuan ($4.5 billion) in the July-September period, down 10.59% from the previous year, and net profit of 762 million yuan ($107.3 million), up 73.22% from the previous year
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