Xining Special Steel’s operating revenue rises by 49.74 percent in Q1

Qinghai Province-based Chinese steelmaker Xining Special Steel Co. has announced that in the first quarter of the current year it registered an operating revenue of RMB 1.751 billion ($0.27 billion), rising by 49.74 percent year on year, with a net loss of RMB 255 million ($39.23 million) compared to the net loss of RMB 78.711 million recorded in the same period of 2015.