Beijing Shougang Co.,Ltd.’s Net Profit Dropped 82.1% in 2022

Beijing Shougang Co.,Ltd. (北京首钢股份有限公司) (000959.SZ) reported a net profit of 1.5 billion yuan in 2022, down 82.1% year-on-year.

Meanwhile, the company posted 118.1 billion yuan in revenue, down 11.2% year-on-year.

At the end of the reporting period, it had 143.2 billion yuan in total assets and 93.1 billion yuan in total liabilities, with a liability-to-asset ratio of 65%.