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Maanshan Iron & Steel Co. Approves Key Financial Resolutions at Board Meeting

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Maanshan Iron & Steel Co ( (HK:0323) ) just unveiled an update.

Maanshan Iron & Steel Co. held its 36th board meeting where several key resolutions were approved, including provisions for price decreases, bad debts, and fixed asset impairments for 2024. The board also approved the audited financial report, final profit distribution plan, and annual audit fee for Ernst & Young Hua Ming LLP, reflecting a comprehensive review and strategic financial adjustments to enhance operational efficiency and maintain industry competitiveness.

More about Maanshan Iron & Steel Co

Maanshan Iron & Steel Co., a joint stock limited company incorporated in the People’s Republic of China, operates in the iron and steel industry. The company focuses on the production and sale of iron and steel products, catering to various industrial sectors.

YTD Price Performance: 13.16%

Average Trading Volume: 9,300

Technical Sentiment Signal: Sell

Current Market Cap: $3.13B

For an in-depth examination of 0323 stock, go to TipRanks’ Stock Analysis page.

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