FilingReader Intelligence
Chongqing Steel forecasts massive loss reduction for 2025
July 15, 2025 at 05:06 AM UTC•By FilingReader AI
Chongqing Iron & Steel Company expects net losses of 1.2-1.4bn yuan for the first half of 2025, representing a reduction of 5.49-5.69bn yuan compared to the same period last year.
The company reported a net loss of 6.89bn yuan in the first half of 2024. The dramatic improvement is attributed to integrated sales and procurement along with enhanced cost control measures.
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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