XinJiang Ba Yi Iron & Steel Co.,Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 12,697.04 million compared to CNY 14,034.36 million a year ago. Revenue was CNY 13,069.57 million compared to CNY 14,770.84 million a year ago.

Net loss was CNY 143.86 million compared to net income of CNY 1,359.94 million a year ago. Basic loss per share from continuing operations was CNY 0.093 compared to basic earnings per share from continuing operations of CNY 0.884 a year ago. Diluted loss per share from continuing operations was CNY 0.093 compared to diluted earnings per share from continuing operations of CNY 0.884 a year ago.