Beijing Shougang Co.,Ltd.’s Net Profit Dropped 76.8% in First Half of 2023

Beijing Shougang Co.,Ltd. (北京首钢股份有限公司) (000959.SZ) reported a net profit of 472.9 million yuan in the first half of 2023, down 76.8% year-on-year.

Meanwhile, the company posted 57.4 billion yuan in revenue, down 9.2% year-on-year.

At the end of the reporting period, it had 141.6 billion yuan in total assets and 88.8 billion yuan in total liabilities, with a liability-to-asset ratio of 62.7%.