Shagang's Net Profit In The First Quarter Fell By 70%

Shagang Co., Ltd. disclosed the report for the first quarter of 2023. The company's operating income was 3.884 billion yuan, a year-on-year decrease of 16.26%; the net profit attributable to shareholders of listed companies was 51.4896 million yuan, a year-on-year decrease of 73.88%;

The net profit of the company was 833,600 yuan, a year-on-year decrease of 99.47%; the basic earnings per share were 0.0235 yuan.