Bengang Steel Plates Co.,Ltd. Posted 1.2 Billion Yuan Net Loss in 2022

Bengang Steel Plates Co.,Ltd. (本钢板材股份有限公司) (000761.SZ) reported a net loss of 1.2 billion yuan in 2022, reversing a net profit of 2.5 billion yuan for the previous year.

Meanwhile, the company posted 62.6 billion yuan in revenue, down 19.6% year-on-year.

At the end of the reporting period, it had 44.1 billion yuan in total assets and 24.7 billion yuan in total liabilities, with a liability-to-asset ratio of 56.1%.