Hang Zhou 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 42,820.39 million compared to CNY 49,213.97 million a year ago. Revenue was CNY 43,324.93 million compared to CNY 49,961.42 million a year ago.

Net income was CNY 479.84 million compared to CNY 1,640.66 million a year ago. Basic earnings per share from continuing operations was CNY 0.14 compared to CNY 0.49 a year ago. Diluted earnings per share from continuing operations was CNY 0.14 compared to CNY 0.49 a year ago.