Bengang Steel Plates Co.,Ltd.’s Net Profit Dropped 87.7% in First Quarter of 2023

Bengang Steel Plates Co.,Ltd. (本钢板材股份有限公司) (000761.SZ) reported a net profit of 54.1 million yuan in the first quarter of 2023, down 87.7% year-on-year.

Meanwhile, the company posted 15.8 billion yuan in revenue, down 5% year-on-year.

At the end of the reporting period, it had 47.5 billion yuan in total assets and 28.1 billion yuan in total liabilities, with a liability-to-asset ratio of 59.1%.