FilingReader Intelligence

Chongqing Iron & Steel faces loss, aims for future growth

March 29, 2025 at 05:08 AM UTCBy FilingReader AI

** Chongqing Iron & Steel Company (SSE:601005) announced a net loss of ¥3.19 billion for fiscal year 2024 in its annual report. However, the company is implementing a strategy to overcome the industry downturn and improve its financial performance. The Board of Directors has proposed not distributing profits for 2024, with a plan to focus on earnings.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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