Hang Zhou Iron & Steel Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 12,488.09 million compared to CNY 11,813.58 million a year ago. Revenue was CNY 12,488.09 million compared to CNY 11,813.58 million a year ago.

Net income was CNY 31.87 million compared to CNY 390.84 million a year ago. Basic earnings per share from continuing operations was CNY 0.01 compared to CNY 0.12 a year ago. Diluted earnings per share from continuing operations was CNY 0.01 compared to CNY 0.12 a year ago.