Jiangsu Shagang: Net profit jumped 64.48% despite revenue falling 8.98%, with strong cash flow and a stable dividend

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

Revenue declined 8.98% to ¥13.12 billion, but net profit rose 64.48% to ¥267 million, driven by cost controls and product mix optimization. Cash flow from operations surged, and a cash dividend of ¥0.25 per 10 shares was proposed. The outlook focuses on efficiency, green transformation, and high-end product growth.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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