Summary by Moomoo AI
Nanjing Steel Co., Ltd., a subsidiary of Zhongxin Corporation, issued its first quarter report for 2024 on April 22, 2024. The report showed that although the company's operating income fell 5.73% year-on-year to about RMB168.72 billion, net profit attributable to shareholders of listed companies grew by 47.24% to about RMB5.54 billion. IN ADDITION, BASIC EARNINGS PER SHARE AND DILUTED EARNINGS PER SHARE INCREASED BY 47.29%, WHILE THE WEIGHTED AVERAGE NET ASSET YIELD INCREASED BY 0.65 PERCENTAGE POINT. During the reporting period, the total assets of the company and the shareholders' interests attributable to the shareholders of the listed company grew slightly, respectively. The report is unaudited and contains details of non-recurring gains and losses. The positive performance of the company is mainly due to a...Show More