Lingyuan Iron & Steel Co., Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 20,299.32 million compared to CNY 24,773.98 million a year ago. Revenue was CNY 21,558.41 million compared to CNY 26,153.65 million a year ago.

Net loss was CNY 833.66 million compared to net income of CNY 918.65 million a year ago. Basic loss per share from continuing operations was CNY 0.29 compared to basic earnings per share from continuing operations of CNY 0.32 a year ago.