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Jiangsu Shagang: Revenue and profit declined sharply, but cash flow and R&D improved; digital and green upgrades advanced
Jiangsu Shagang: Revenue and profit declined sharply, but cash flow and R&D improved; digital and green upgrades advanced

About this update from Jiangsu Shagang Co., Ltd. Class A
Revenue declined 7.7% to ¥14.42 billion and net profit fell 27.8% to ¥162.6 million amid weak steel demand and high costs. The company completed a major acquisition, increased R&D, and maintained a 100% cash dividend payout, while focusing on digital and green transformation.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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