Laiwu Steel, with its parent company of Shandong Steel, has realized net profit of CNY 51.1753 million in the third quarter ending September, compared to a loss of CNY 233 million in the same period last year. Earnings per share were CNY 0.055.

The company has achieved operating revenue of CNY 34.607 billion in the first three quarters of this year. Net profit attributable to shareholders of listed company was CNY 249 million, up 5.44 folds. Earnings per share were CNY 0.27.

(Source: www.steelhome.cn/en)
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