Sansteel MinGuang Co.,Ltd.,Fujian Reports Earnings Results for the Half Year Ended June 30, 2023
August 24, 2023 at 03:53 am EDT
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Sansteel MinGuang Co.,Ltd.,Fujian reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 21,835.22 million compared to CNY 24,140.3 million a year ago. Revenue was CNY 23,268.38 million compared to CNY 26,641.28 million a year ago.
Net loss was CNY 173.1 million compared to net income of CNY 456.81 million a year ago. Basic loss per share from continuing operations was CNY 0.07 compared to basic earnings per share from continuing operations of CNY 0.19 a year ago. Diluted loss per share from continuing operations was CNY 0.07 compared to diluted earnings per share from continuing operations of CNY 0.19 a year ago.
Sansteel MinGuang Co., Ltd., Fujian is a China-based company principally engaged in the manufacturing and sales of steel smelting, rolling, processing and extended pressure products. The Company's main products include construction materials, steel products, medium thickness sheets, high quality round bar steel and coal chemical products, such as sheets, rebars, smooth round steel, round bars, wire rods, billet and other products. The Company mainly distributes its products in domestic markets.
SANSTEEL MINGUANG CO.,LTD.,FUJIAN 
