Sansteel MinGuang Co.,Ltd.,Fujian Reports Earnings Results for the Nine Months Ended September 30, 2023
October 26, 2023 at 05:26 am EDT
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Sansteel MinGuang Co.,Ltd.,Fujian reported earnings results for the nine months ended September 30, 2023. For the nine months, the company reported sales was CNY 34,367.91 million compared to CNY 39,936.11 million a year ago. Revenue was CNY 34,367.91 million compared to CNY 39,936.11 million a year ago.
Net loss was CNY 591.59 million compared to net income of CNY 74.81 million a year ago. Basic loss per share from continuing operations was CNY 0.24 compared to basic earnings per share from continuing operations of CNY 0.03 a year ago. Diluted loss per share from continuing operations was CNY 0.24 compared to diluted earnings per share from continuing operations of CNY 0.03 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 
