Gansu Jiu Steel Group Hongxing Iron & Steel Co.,Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 42,844.3 million compared to CNY 47,122.36 million a year ago. Revenue was CNY 44,610.58 million compared to CNY 48,668.44 million a year ago.

Net loss was CNY 2,476.4 million compared to net income of CNY 1,487.64 million a year ago. Basic loss per share from continuing operations was CNY 0.3954 compared to basic earnings per share from continuing operations of CNY 0.2375 a year ago. Diluted loss per share from continuing operations was CNY 0.3954 compared to diluted earnings per share from continuing operations of CNY 0.2375 a year ago.