Chongqing Iron&Steel Company Limited Posted 592.3 Million Yuan Net Loss in First Three Quarters of 2023

Chongqing Iron&Steel Company Limited (重庆钢铁股份有限公司) (601005.SH) reported a net loss of 592.3 million yuan in the first three quarters of 2023, widening 118.3% year-on-year.

Meanwhile, the company posted 30 billion yuan in revenue, up 16.9% year-on-year.

At the end of the reporting period, it had 40 billion yuan in total assets and 19.2 billion yuan in total liabilities, with a liability-to-asset ratio of 48.1%.