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

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

Beijing Shougang Co., Ltd. Class AApril 17, 20264
Beijing Shougang Co : Net profit more than doubled year-over-year despite lower revenue, reflecting strong operational gains

About this update from 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.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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