FilingReader Intelligence

Anyang Iron & Steel forecasts profit rebound after 2024 losses

April 16, 2025 at 05:05 AM UTCBy FilingReader AI

Anyang Iron & Steel (SSE:600569) has released its 2024 preliminary financial results, reporting a challenging year marked by substantial losses, but anticipates a turnaround in the first quarter of 2025. The company projects a net profit attributable to shareholders of approximately CNY 18.1 million for Q1 2025, with a net profit after non-recurring items of around CNY 8.2 million. This represents a significant recovery compared to the same period last year, which saw losses of CNY 483.95 million.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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