Beijing Shougang Co.,Ltd.’s Net Profit Dropped 51.8% in First Three Quarters of 2023

Beijing Shougang Co.,Ltd. (北京首钢股份有限公司) (000959.SZ) reported a net profit of 1 billion yuan in the first three quarters of 2023, down 51.8% year-on-year.

Meanwhile, the company posted 85 billion yuan in revenue, down 7.3% year-on-year.

At the end of the reporting period, it had 141.3 billion yuan in total assets and 87 billion yuan in total liabilities, with a liability-to-asset ratio of 61.6%.