Shandong Iron and Steel Company Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 24,750.49 million compared to CNY 24,111.11 million a year ago. Revenue was CNY 24,750.49 million compared to CNY 24,111.11 million a year ago.

Net loss was CNY 309.34 million compared to net income of CNY 590.13 million a year ago. Basic loss per share from continuing operations was CNY 0.0289 compared to basic earnings per share from continuing operations of CNY 0.0552 a year ago. Diluted loss per share from continuing operations was CNY 0.0289 compared to diluted earnings per share from continuing operations of CNY 0.0552 a year ago.