Baogang Group’s operating revenue down 2.23 percent in 2023

Friday, 19 April 2024 10:20:00 (GMT+3)   |   Shanghai

Inner Mongolia-based Chinese steelmaker Baogang Group has stated that it registered an operating revenue of RMB 70.565 billion ($9.9 billion) in 2023, down 2.23 percent year on year.

The company posted a net profit of RMB 515 million ($72.5 million) in the given year, from a net loss of RMB 730 million in the previous year.

EuniceOuyang
Eunice Ouyang
Editor

I graduated from University of Shanghai for Science and Technology, with 16 years of deep expertise in the steel industry. I am responsible for steel-related news and intelligence, as well as leading the content team in China.

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