Liuzhou Iron & Steel Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 27, 2022 at 11:34 am EDT
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Liuzhou Iron & Steel Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 88,350.75 million compared to CNY 51,475.01 million a year ago. Revenue was CNY 92,251.63 million compared to CNY 54,693.99 million a year ago. Net income was CNY 1,456.04 million compared to CNY 1,718.59 million a year ago. Basic earnings per share from continuing operations was CNY 0.57 compared to CNY 0.67 a year ago. Diluted earnings per share from continuing operations was CNY 0.57 compared to CNY 0.67 a year ago.
LIUZHOU IRON&STEEL CO., LTD is a China-based company principally engaged in the manufacture, processing and distribution of iron and steel products. The Company mainly provides medium plates, small profiles, medium profiles, steel billets and others. The Company's products consist of ordinary steel billets, ship building plates, ordinary steel plates, alloyed steel billets, bars, wire rods and others. The Company also provides chemical products and coke oven gas. The Company distributes its products in domestic market and to overseas markets.