Jiangsu Shagang Co.,Ltd.’s Net Profit Dropped 39.6% in First Half of 2022

Jiangsu Shagang Co.,Ltd. (江苏沙钢股份有限公司) (002075.SZ) reported a net profit of 643 million yuan in the first half of 2022, down 39.6% year-on-year.

Meanwhile, the company posted 9.7 billion yuan in revenue, up 4.4% year-on-year.

At the end of the reporting period, it had 16.2 billion yuan in total assets and 6.2 billion yuan in total liabilities, with a liability-to-asset ratio of 38.3%.