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Apr.19.2024 1USD=7.1046RMB
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China Baosteel Achieved Net Profit of 2.726 Billion Yuan in Q1 2019, down 45.7% YoY

https://en.steelhome.com [SteelHome] 2019-04-25 10:53:55

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On the evening of April 24, Baosteel disclosed a quarterly report that the company's operating income in the first quarter was 65.378 billion yuan, down 3.1% from the same period of previous year; the net profit attributable to listed shareholders was 2.726 billion yuan, down 45.7% year on year; the basic earnings per share was 0.12 yuan, down 47.8% year on year.

The total revenue of Baosteel increased by 5.4% to 304.779 billion yuan in 2018, and the net profit attributable to listed shareholders increased by 12.5% to 21.565 billion yuan. The basic earnings per share increased by 12.8% to 0.97 yuan, with total assets of 335.141 billion yuan.

(To contact the reporter on this story: leo.ji@steelhome.cn or 86-555-2238932)
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