Beijing Shougang Co.,Ltd.’s Net Profit Dropped 51.8% in First Half of 2022

Beijing Shougang Co.,Ltd. (北京首钢股份有限公司) (000959.SZ) reported a net profit of 2 billion yuan in the first half of 2022, down 51.8% year-on-year.

Meanwhile, the company posted 63.8 billion yuan in revenue, up 0.7% year-on-year.

At the end of the reporting period, it had 147.3 billion yuan in total assets and 95.9 billion yuan in total liabilities, with a liability-to-asset ratio of 65.1%.