According to the Zhitong Finance App, China Iron & Steel (000927.SZ) released its 2023 annual report, with revenue of 45.068 billion yuan, a year-on-year decrease of 18.36%. Net profit attributable to shareholders of listed companies was 571 million yuan, a year-on-year decrease of 19.46%. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was $531 million, a year-on-year decrease of 23.54%. The basic income per share is 0.0944 yuan. It is proposed to distribute a cash dividend of 0.10 yuan (tax included) to all shareholders for every 10 shares. No bonus shares will be given, and the share capital will not be transferred from the Provident Fund.

The decline in performance during the reporting period was affected by factors such as the company continued to step up its business restructuring efforts, resolutely and voluntarily withdrawing from the lower profit trading business, and compounding the year-on-year decline in sales prices of cement products.