Lingyuan Steel announced on Oct. 18 that its net profit for the third quarter was 143 million yuan, about 21.48% decrease compared with the same period of last year; and the net profit for per share was 0.17 yuan.
In the first three quarters, the operating revenue for Lingyuan Steel was 11.435 billion yuan, while the net profit hit 405 million yuan, about 11% decline year-on-year; and the profit for per share was 0.50 yuan.