Anyang Steel posts bottom line of RMB 1.859 billion for Jan-Sept

Henan Province-based Chinese steelmaker Anyang Iron as well as Steel Co., Ltd. (Anyang Steel) has announced that it registered an operating income of RMB 29.846 billion ($ 4.1 billion) in the very first nine months of the present year, down 21.04 percent year on year, while posting a bottom line of RMB 1.859 billion ($ 0.14 billion), moving from an internet earnings of RMB 1.03 billion in the exact same period last year.The business specified that the duplicated episodes of Covid-19 pandemic and the war in Ukraine adversely influenced its efficiency in the given duration.$ 1 = RMB 7.2472

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