Gansu Jiu Steel Group Hongxing Iron & Steel Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 10,423.33 million compared to CNY 11,026.49 million a year ago. Revenue was CNY 10,423.33 million compared to CNY 11,026.49 million a year ago.

Net income was CNY 30.74 million compared to CNY 10.91 million a year ago. Basic earnings per share from continuing operations was CNY 0.0049 compared to CNY 0.0017 a year ago. Diluted earnings per share from continuing operations was CNY 0.0049 compared to CNY 0.0017 a year ago.