Liuzhou Iron & Steel Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 21, 2020 at 02:39 pm IST
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Liuzhou Iron & Steel Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 10,687.038 million compared to CNY 10,260.744 million a year ago. Operating income was CNY 193.259 million compared to CNY 445.696 million a year ago. Net income was CNY 164.426 million compared to CNY 383.701 million a year ago. Basic earnings per share from continuing operations was CNY 0.0642 compared to CNY 0.1497 a year ago.
LIUZHOU IRON&STEEL CO., LTD is a China-based company principally engaged in the manufacture, processing and distribution of iron and steel products. The Company mainly provides medium plates, small profiles, medium profiles, steel billets and others. The Company's products consist of ordinary steel billets, ship building plates, ordinary steel plates, alloyed steel billets, bars, wire rods and others. The Company also provides chemical products and coke oven gas. The Company distributes its products in domestic market and to overseas markets.
LIUZHOU IRON&STEEL CO., LTD 
