Anyang Iron And Steel Co.,Ltd. Posted 382 Million Yuan Net Loss in First Quarter of 2023

Anyang Iron And Steel Co.,Ltd. (安阳钢铁股份有限公司) (600569.SH) reported a net loss of 382 million yuan in the first quarter of 2023, narrowing 31.7% year-on-year.

Meanwhile, the company posted 9.9 billion yuan in revenue, up 16.7% year-on-year.

At the end of the reporting period, it had 43 billion yuan in total assets and 35.2 billion yuan in total liabilities, with a liability-to-asset ratio of 82%.