Fangda Special Steel reports strong Q3 profit growth despite revenue decline

Fangda Special Steel Technology Co., Ltd. reported a substantial increase in its first three quarters of 2025, with total profit soaring to 1.01bn yuan, a 205.43% year-on-year increase. Net profit attributable to shareholders reached 788.8m yuan, marking a 317.39% rise, primarily due to improved raw material costs relative to steel prices and optimized product mix. Basic earnings per share also saw a significant jump of 320.99% to 0.34 yuan.

The company's operating revenue for the period was 13.23bn yuan, a decrease of 18.45% from the previous year. However, non-recurring gains significantly contributed to profitability, including government subsidies (39.1m yuan) and fair value changes in financial assets (142.8m yuan). The company also announced a Q3 investor briefing to be held virtually on November 25, 2025, from 16:00 to 17:00, where chairman Liang Jianguo and other key executives will discuss financial results and strategic developments.

Fangda Special Steel has also been active in strategic investments, including a 2.8bn yuan capital injection into its research center and the establishment of a wholly-owned subsidiary, Chongqing Yunhan Trading Co., Ltd. These moves highlight the company's focus on operational optimization and strategic expansion.