Jiangsu Shagang sees 37.6% profit jump in Q1 2025

Jiangsu Shagang has released its first-quarter report for 2025, showcasing notable financial performance. The company's revenue reached CNY 3,494,913,831.55. Net profit attributable to shareholders surged to CNY 68,656,797.41, marking a 37.56% increase compared to the same period last year. Net profit excluding non-recurring items attributable to shareholders totaled CNY 49,153,929.76, a substantial increase of 223.64%. Cash flow from operating activities showed a significant rise to CNY 772,449,088.96. Basic and diluted earnings per share both stood at CNY 0.0313. Total assets amounted to CNY 27,431,319,013.54, and shareholders' equity attributable to listed companies reached CNY 6,472,986,108.34.