FilingReader Intelligence

Xining Special Steel forecasts 2.34bn yuan half-year loss

July 15, 2025 at 05:07 AM UTCBy FilingReader AI

Xining Special Steel anticipates a net loss of 2.34 billion yuan for the first half of 2025, down 20% from 2.94 billion yuan in the same period last year.

Despite steel production rising 21% to 790,000 tons, persistent low domestic steel prices kept operations unprofitable. The forecast is based on preliminary calculations and remains unaudited.

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

SSE:600117Shanghai Stock Exchange
Steel

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