Baoshan Iron And Steel Co.,Ltd.’s Net Profit Dropped 46.2% in First Half of 2022

Baoshan Iron And Steel Co.,Ltd. (宝山钢铁股份有限公司) (600019.SH) reported a net profit of 9 billion yuan in the first half of 2022, down 46.2% year-on-year.

Meanwhile, the company posted 183.7 billion yuan in revenue, up 0.3% year-on-year.

At the end of the reporting period, it had 407.4 billion yuan in total assets and 192.8 billion yuan in total liabilities, with a liability-to-asset ratio of 47.3%.