Beijing Shougang Co., Ltd. Class ASZSE: 000959

Net profit more than doubled year-over-year despite lower revenue, reflecting strong operational gains

· Issued by Beijing Shougang Co., Ltd. Class A

Revenue declined 5.11% to RMB 102.92 billion, but net profit surged 107.68% to RMB 996 million, driven by improved product mix, cost control, and strong growth in strategic steel segments. The company advanced in green and intelligent manufacturing, issued green bonds, and launched new equity incentives.

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