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Chongqing Iron & Steel Co., Ltd. Class H ( (HK:1053) ) has issued an announcement.
Chongqing Iron & Steel Co., Ltd. reported a significant decline in its financial performance for 2024, with a 30.71% decrease in revenue and a net loss attributable to shareholders of RMB 3,195,561,000. Despite the challenging financial results, the company managed to increase its net cash flow from operating activities by 28.16%, indicating some operational resilience amidst a difficult market environment.
More about Chongqing Iron & Steel Co., Ltd. Class H
Chongqing Iron & Steel Co., Ltd. is a company operating in the steel industry, primarily focusing on the production and sale of steel products such as plates, hot rolling, double high rods, wire rods, and commodity billets.
YTD Price Performance: -3.00%
Average Trading Volume: 550
Technical Sentiment Signal: Sell
Current Market Cap: €1.49B
For detailed information about 1053 stock, go to TipRanks’ Stock Analysis page.