Ansteel’s net profit down 97.76 percent in 2022

Friday, 31 March 2023 11:16:03 (GMT+3)   |   Shanghai

Liaoning province-based Anshan Iron and Steel Co., Ltd issued its financial report for 2022, stating that it registered an operating revenue of RMB 131.072 billion ($19.1 billion) in the given year, down 3.71 percent year on year, while posted a net profit of RMB 156 million ($22.7 million), down 97.76 percent year on year.

In 2022, Ansteel produced 26.2355 million mt, 26.5866 million mt and 25.0838 million mt of pig iron, crude steel and finished steel, up 3.5 percent, 0.45 percent and 1.14 percent year on year. Meanwhile, the company sold 25.8165 million mt of steel in the given year, up 5.83 percent year on year.


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