tiprankstipranks
Chongqing Iron & Steel Faces Revenue Decline in Q3 2024
Company Announcements

Chongqing Iron & Steel Faces Revenue Decline in Q3 2024

Chongqing Iron & Steel Co., Ltd. Class H (HK:1053) has released an update.

Stay Ahead of the Market:

Chongqing Iron & Steel Co., Ltd. reported a significant decrease in revenue and a net loss for Q3 2024, with revenues down by 38.88% compared to the same period last year. The company’s total assets and shareholders’ equity also declined, reflecting challenging market conditions. Investors are advised to remain cautious given the unaudited nature of these figures.

For further insights into HK:1053 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskChongqing Iron & Steel’s Strategic Resolutions Approved
TipRanks HongKong Auto-Generated NewsdeskChongqing Iron & Steel’s Strategic Share Repurchase
TipRanks HongKong Auto-Generated NewsdeskChongqing Iron & Steel Changes H Share Registrar
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App