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Shougang posts net profit of RMB 540 million for July-September

Friday, 27 October 2023 11:17:17 (GMT+3)   |   Shanghai
       

Beijing-based Chinese steelmaker Shougang Co., Ltd has announced that it registered an operating revenue of RMB 85.02 billion ($11.8 billion) in the January-September period this year, down 7.34 percent year on year, while it posted a net profit of RMB 950 million ($132.3 million) in the given period, down 47.95 percent year on year.

In the July-September period, Shougang registered an operating revenue of RMB 27.652 billion ($3.85 billion), down 3.19 percent year on year, while it posted a net profit of RMB 540 million ($75.2 million), up 1,653.19 percent year on year.


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