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Jiangsu Shagang: Net profit jumped 37.56% year-over-year in Q1 2025 despite a 7.17% revenue drop

Jiangsu Shagang: Net profit jumped 37.56% year-over-year in Q1 2025 despite a 7.17% revenue drop

Jiangsu Shagang Co., Ltd. Class AApril 23, 20253
Jiangsu Shagang: Net profit jumped 37.56% year-over-year in Q1 2025 despite a 7.17% revenue drop

About this update from Jiangsu Shagang Co., Ltd. Class A

Q1 2025 saw revenue decline 7.17% year-over-year, but net profit attributable to shareholders rose 37.56% to ¥68.66 million, driven by cost controls and increased other income. Operating cash flow turned positive, and total assets grew 12.62%.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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