XinJiang Ba Yi Iron & Steel Co.,Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 10,740.16 million compared to CNY 12,697.04 million a year ago. Revenue was CNY 11,183.19 million compared to CNY 13,069.57 million a year ago.

Net loss was CNY 771.43 million compared to CNY 141.18 million a year ago. Basic loss per share from continuing operations was CNY 0.496 compared to CNY 0.091 a year ago. Diluted loss per share from continuing operations was CNY 0.496 compared to CNY 0.091 a year ago.