Apr 29, 2023 08:00 AM

Baoshan Iron And Steel Co.,Ltd.’s Net Profit Dropped 47% in 2022

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Baoshan Iron And Steel Co.,Ltd. (宝山钢铁股份有限公司) (600019.SH) reported a net profit of 14 billion yuan in 2022, down 47% year-on-year.

Meanwhile, the company posted 367.8 billion yuan in revenue, up 1% year-on-year.

At the end of the reporting period, it had 398.2 billion yuan in total assets and 182.4 billion yuan in total liabilities, with a liability-to-asset ratio of 45.8%.

This article was automatically produced by Caixin Automation on May 8, 2023.

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