Jiangsu Shagang Co.,Ltd.’s Net Profit Dropped 62% in 2022

Jiangsu Shagang Co.,Ltd. (江苏沙钢股份有限公司) (002075.SZ) reported a net profit of 801.9 million yuan in 2022, down 62% year-on-year.

Meanwhile, the company posted 18.2 billion yuan in revenue, down 1.7% year-on-year.

At the end of the reporting period, it had 16.9 billion yuan in total assets and 7.1 billion yuan in total liabilities, with a liability-to-asset ratio of 41.9%.

This article was automatically produced by Caixin Automation on April 27, 2023.

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