Fushun Special Steel Co.,Ltd.’s Net Profit Dropped 29.5% in First Quarter of 2023

Fushun Special Steel Co.,Ltd. (抚顺特殊钢股份有限公司) (600399.SH) reported a net profit of 60.2 million yuan in the first quarter of 2023, down 29.5% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, up 10.2% year-on-year.

At the end of the reporting period, it had 11.8 billion yuan in total assets and 5.7 billion yuan in total liabilities, with a liability-to-asset ratio of 48.1%.