Jiangsu Shagang: Net profit jumped 49.53% despite a 10.86% revenue drop, with strong cash flow and a cash dividend

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

Revenue declined 10.86% year-over-year to ¥6.83 billion, but net profit rose 49.53% to ¥155.57 million, driven by improved margins and strong cash flow. The company maintained stability amid industry headwinds and proposed a cash dividend of ¥0.25 per 10 shares.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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