China Industrial Steel Inc. reported consolidated unaudited earnings results for the third quarter and revenue results for the nine months ended September 30, 2013. For the quarter, the company reported total revenues of $188,594,415 against $169,550,216 a year ago. Net income was $2,763,622, as compared to a loss of $3,748,289 for the same period in 2012. Earnings per share were $0.04, versus a loss of $0.05 for the third quarter 2012. The increase in net income in the three months ended September 30, 2013 was mainly due to the increases in the sales quantity and unit sales price of steel plate and a decrease in unit cost.

For the nine months, the company reported total revenues of $557,684,546 against 492,151,233 a year ago.