Gansu Jiu Steel Group Hongxing Iron & Steel Co.,Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 8,206.87 million compared to CNY 10,423.33 million a year ago. Revenue was CNY 8,206.87 million compared to CNY 10,423.33 million a year ago.

Net loss was CNY 519.09 million compared to net income of CNY 30.74 million a year ago. Basic loss per share from continuing operations was CNY 0.0829 compared to basic earnings per share from continuing operations of CNY 0.0049 a year ago. Diluted loss per share from continuing operations was CNY 0.0829 compared to diluted earnings per share from continuing operations of CNY 0.0049 a year ago.