FilingReader Intelligence
Bayi Steel forecasts reduced half-year loss amid weak market
July 15, 2025 at 05:05 AM UTC•By FilingReader AI
Xinjiang Ba Yi Iron & Steel expects a net loss of 650-700 million yuan for the first half of 2025, compared to a 720 million yuan loss in the prior-year period.
The company attributes the losses to sluggish market demand, low steel prices, and reduced profit margins.
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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