Baosteel Co Ltd released its third quarter results recently.

During the third quarter, Baosteel turnover continues to grow and it achieves 6.031 million tonnes of iron production, 6.794 million tonnes of steel production, 6.611 million tonnes of steel products sales, CNY 56.18 billion of operating income, with an increase of CNY 4.97 billion compared with same period last year and with CNY 1.44 billion of total profit.

The first three quarters realizes CNY 8.23 billion of total profit of which CNY 6.321 billion of net profit is attributable to shareholders of listed companies and with CNY 0.36 per share of basic earnings.