Angang Steel (00347) released its performance for the third quarter of 2024, with the group achieving revenue of 23.812 billion yuan (RMB, the same below) during the period, a decrease of 7.99% year-on-year; a net loss attributable to shareholders of the listed company of 2.395 billion yuan, a 211.44% increase year-on-year; basic earnings per share loss of 0.255 yuan.

In the first three quarters, the revenue was 79.261 billion yuan, a 7.78% decrease year-on-year; the net loss attributable to shareholders of the listed company widened by 5.084 billion yuan, a 140.61% increase year-on-year; the basic loss per share was 0.542 yuan.