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Nanjing Steel achieves net profit of RMB 1.799 billion in J-Heat Treatment Exhibition-Industrial Furnace Exhibition-The 27th China(Guangzhou)International Heat Treatment, Industrial Furnace Exhibition
10/28/2026 热处理展-工业炉展-heat treatment expo-furnace expo |
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Jiangsu Province-based Chinese steelmaker Nanjing Iron and Steel Co., Ltd (Nanjing Steel) has issued itsfinancial report for the January-September period this year, stating that it registered an operating revenue ofRMB 47.877 bilion ($7.1 billion) in the given period, up 10.61 percent year on year, while posting a net profit ofRMB 1.799 billion ($0.27 billion), down 17.35 percent year on year.
In the July-September period this year, Nanjing Steel registered an operating revenue of RMB 16.746 billion($2.5 billion), up 16.79 percent year on year, while it posted a net profit of RMB 477 million ($71 million), down 33.18 percent year on year.
Nanjing Steel stated that the decline in its net profit in the first nine months was mainly due to a significant year-on-year increase in fuel market prices, which pushed up its production costs in the given period.
热处理展-工业炉展-2027第二十七届广州国际热处理、工业炉展览会-巨浪展览-Heat Treatment Exhibition-Industrial Furnace Exhibition-The 27th China(Guangzhou)International Heat Treatment, Industrial Furnace Exhibition
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