Angang Steel Widens 2024 Loss as Revenue Slips 9%

MT Newswires Live

2025/03/31

Angang Steel (SHE:000898, HKG:0347) logged 2024 net loss attributable to shareholders to 7.12 billion yuan, or 0.759 yuan per share, widening 119% from 3.26 billion yuan, or 0.347 yuan per share, the previous year.

The steel product manufacturer's revenue was down 9.1% to 105.1 billion yuan from 115.6 billion yuan, according to a filing with the Hong Kong bourse.

Shares of Angang Steel were down about 1% on the Shenzhen and Hong Kong bourses.

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