XinJiang Ba Yi Iron & Steel Co.,Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 3,490.04 million compared to CNY 4,008.91 million a year ago. Revenue was CNY 3,490.04 million compared to CNY 4,008.91 million a year ago.

Net loss was CNY 411.81 million compared to CNY 467.26 million a year ago. Basic loss per share from continuing operations was CNY 0.267 compared to CNY 0.305 a year ago. Diluted loss per share from continuing operations was CNY 0.267 compared to CNY 0.305 a year ago.