According to the message of the largest metallurgical company of China, Wuhan Iron and Steel (Group) Corp (Wisco), its net profit in the first nine months of 2013 flew 94.44 percent compared to APPG-2012, up to 651 million yuan.
However, the company's operating incomes were reduced in an annual comparison by 0.84 percent, to 66 billion 659 million yuan.
The discrepancy in the reporting, Wisco explained to significant state subsidies received by the company this year.
Chinese Wisco increased net profit in nine months of 2013
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