FilingReader Intelligence
Liuzhou Iron & Steel forecasts 530-641% profit surge
July 15, 2025 at 05:06 AM UTC•By FilingReader AI
Liuzhou Iron & Steel Co expects net profit of 340-400 million yuan in the first half of 2025, representing a 530-641% increase from the same period last year.
Excluding non-recurring items, net profit is projected at 315-375 million yuan, up 729-887%.
The company attributed the surge to cost reduction initiatives, efficiency improvements and increased export sales. The previous year's low comparative base also contributed to the high percentage growth.
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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