Zhitong Financial APP News, Bayi Iron and Steel (600581.SH) disclosed its 2023 half-year report that the company's operating income during the reporting period was 11.183 billion yuan, down 14.43% from the same period last year. The net loss belonging to the shareholders of the listed company was 771 million yuan, and the net loss belonging to the shareholders of the listed company after deducting non-recurring profits and losses was 737 million yuan, which was enlarged compared with the same period last year.

During the reporting period, the company achieved an output of 2.64 million tons of iron, 2.88 million tons of steel and 2.74 million tons of timber, which was basically the same as the same period last year; sold 2.79 million tons of commodity billets; and its operating income decreased by 14.43% over the same period last year, mainly due to the decline in steel sales prices in the reporting period compared with the same period last year.