Anyang Iron And Steel Co.,Ltd. Posted 3.1 Billion Yuan Net Loss in 2022

Anyang Iron And Steel Co.,Ltd. (安阳钢铁股份有限公司) (600569.SH) reported a net loss of 3.1 billion yuan in 2022, reversing a net profit of 1 billion yuan for the previous year.

Meanwhile, the company posted 39.2 billion yuan in revenue, down 25.4% year-on-year.

At the end of the reporting period, it had 42.6 billion yuan in total assets and 34.5 billion yuan in total liabilities, with a liability-to-asset ratio of 81%.