Beijing-based Shougang sees 77.14 percent fall in net profit in H1

Monday, 14 August 2023 11:47:43 (GMT+3)   |   Shanghai

Beijing-based Chinese steelmaker Shougang Co., Ltd has announced that it registered an operating revenue of RMB 57.368 billion ($8 billion) in the January-June period this year, down 9.22 percent year on year, while posting a net profit of RMB 414 million ($58 million) in the given period, down 77.14 percent year on year.

$1 = RMB 7.1686

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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