Angang Steel Company Limited reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 30,844 million compared to CNY 34,927 million a year ago. Revenue was CNY 30,844 million compared to CNY 34,927 million a year ago.

Net loss was CNY 149 million compared to net income of CNY 1,482 million a year ago. Basic loss per share from continuing operations was CNY 0.016 compared to basic earnings per share from continuing operations of CNY 0.158 a year ago. Diluted loss per share from continuing operations was CNY 0.017 compared to diluted earnings per share from continuing operations of CNY 0.154 a year ago.