Angang Steel Co (HK:0347) has released an update.
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Angang Steel Co. reported its unaudited interim financial results for the first half of 2024, revealing an operating income of RMB55,449 million. However, the company faced a total loss of RMB-2,623 million, with a net loss to shareholders amounting to RMB-2,689 million. Earnings per share also dropped to RMB-0.287, indicating a challenging period for the steel giant.
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