Beijing Shougang Co.,Ltd.’s Net Profit Dropped 69.6% in First Three Quarters of 2022

Beijing Shougang Co.,Ltd. (北京首钢股份有限公司) (000959.SZ) reported a net profit of 2.1 billion yuan in the first three quarters of 2022, down 69.6% year-on-year.

Meanwhile, the company posted 91.7 billion yuan in revenue, down 7.9% year-on-year.

At the end of the reporting period, it had 146.4 billion yuan in total assets and 95.5 billion yuan in total liabilities, with a liability-to-asset ratio of 65.2%.