Zhejiang Province-based Chinese steelmaker Zhejiang Kingland & Pipeline Technologies Co., Ltd (Zhejiang Kingland & Pipeline) has announced that it has registered an operating revenue of RMB 1.149 billion ($0.17 billion) for the first half of the current year, down 14.76 percent year on year, with a net profit of RMB 52.5445 million ($7.93 million), decreasing by 3.53 percent year on year.
In the given period, Zhejiang Kingland & Pipeline sold 356,100 mt of steel pipe products, rising by 0.91 percent year on year.