Maanshan Iron and Steel Co., Ltd. released its 2023 annual performance, with a net loss attributable to shareholders of 1.327 billion yuan, a year-on-year increase of 54.64%

Zhitong
2024.03.28 22:01
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Maanshan Iron and Steel Company released its 2023 annual performance, with a net loss attributable to the parent company of 1.327 billion yuan, a year-on-year increase of 54.64%. Operating income was 98.938 billion yuan, a year-on-year decrease of 3.15%. The group produced 19.23 million tons of pig iron, 20.97 million tons of crude steel, and 20.62 million tons of steel, representing year-on-year increases of 8.15%, 4.82%, and 3.66% respectively. The company's total assets were 84.514 billion yuan, a year-on-year decrease of 12.78%. The net assets attributable to the shareholders of the listed company were 27.769 billion yuan, a year-on-year decrease of 4.90%

According to the news from Zhitong Finance and Economics APP, Maanshan Iron & Steel Co., Ltd. (00323) released its 2023 annual performance. The operating income was RMB 98.938 billion, a decrease of 3.15% year-on-year; the net loss attributable to shareholders of the listed company was RMB 1.327 billion, an increase of 54.64% in losses. The basic loss per share was RMB 0.172.

During the reporting period, the group produced 19.23 million tons of pig iron, 20.97 million tons of crude steel, and 20.62 million tons of steel, representing increases of 8.15%, 4.82%, and 3.66% respectively compared to the previous year (of which the company produced 15.48 million tons of pig iron, 16.48 million tons of crude steel, and 15.98 million tons of steel, with year-on-year increases of 8.23%, 5.02%, and 2.37%).

At the end of this reporting period, the group's total assets were RMB 84.514 billion, a decrease of 12.78% year-on-year; the net assets attributable to shareholders of the listed company were RMB 27.769 billion, a decrease of 4.90% year-on-year