Daye Special Steel Co., Ltd. announced audited earnings results for the year ended December 31, 2012. For the year, the company reported operating income was RMB 8,122,734,464 compared to RMB 9,261,828,248 for the same period a year ago. Operating profit was RMB 203,554,152 compared to RMB 555,255,167 for the same period a year ago.

Profit before tax was RMB 261,828,634 compared to RMB 654,238,774 for the same period a year ago. Net profit was RMB 218,220,885 compared to RMB 584,931,442 for the same period a year ago. Earnings per share basic and diluted were RMB 0.486 compared to RMB 1.302 for the same period a year ago.