Baosteel Co., Ltd. reported a total operating revenue of 255.017 billi

Published: Oct 25, 2023 06:57

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Baosteel Co., Ltd. reported a total operating revenue of 255.017 billion yuan in the first three quarters of this year, a year-on-year decrease of 8.35%; net profit attributable to the parent company was 8.35 billion yuan, a year-on-year decrease of 11.76%. The net profit of the third quarter was 3.798 billion yuan, a year-on-year increase of 127.1%, benefiting from the improvement of purchase and sale price difference and the improvement of manufacturing capacity. The year-on-year performance of the reporting period improved.

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