宝胜国际(03813.HK)：1月综合经营收益净额17.48亿元 同比下跌32.5%

Group 1 - The core point of the article is that Baoshan International (03813.HK) reported a significant decline in its net operating revenue for January 2026, amounting to approximately RMB 1.748 billion, which represents a 32.5% decrease compared to the same month last year [1] Group 2 - The company's net operating revenue is calculated as total sales minus sales discounts and sales returns [1] - The reported revenue figure indicates a substantial drop, highlighting potential challenges the company may face in maintaining sales performance [1] - The year-on-year comparison emphasizes the severity of the decline, suggesting a need for strategic reassessment [1]