Beijing Shougang Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 28,714.73 million compared to CNY 31,863.88 million a year ago. Revenue was CNY 28,714.73 million compared to CNY 31,863.88 million a year ago.

Net loss was CNY 58.48 million compared to net income of CNY 1,067.79 million a year ago. Basic loss per share from continuing operations was CNY 0.0075 compared to basic earnings per share from continuing operations of CNY 0.1597 a year ago. Diluted loss per share from continuing operations was CNY 0.0075 compared to diluted earnings per share from continuing operations of CNY 0.1597 a year ago.