Inner Mongolia Baotou Steel Union Co., Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 71,789.12 million compared to CNY 85,610.74 million a year ago. Revenue was CNY 72,171.75 million compared to CNY 86,183.15 million a year ago.

Net loss was CNY 729.96 million compared to net income of CNY 2,866.45 million a year ago. Basic loss per share from continuing operations was CNY 0.0161 compared to basic earnings per share from continuing operations of CNY 0.0631 a year ago. Diluted loss per share from continuing operations was CNY 0.0161 compared to diluted earnings per share from continuing operations of CNY 0.0631 a year ago.