Sansteel Minguang Co.,Ltd.,Fujian’s Net Profit Dropped 96.2% in 2022

Sansteel Minguang Co.,Ltd.,Fujian (福建三钢闽光股份有限公司) (002110.SZ) reported a net profit of 150 million yuan in 2022, down 96.2% year-on-year.

Meanwhile, the company posted 51.7 billion yuan in revenue, down 17.7% year-on-year.

At the end of the reporting period, it had 46.3 billion yuan in total assets and 24.9 billion yuan in total liabilities, with a liability-to-asset ratio of 53.8%.