Anyang Steel board approves Q3 report, revenue down 3.64%

Anyang Steel held its eighth board meeting of the tenth session on October 30, 2025, with all nine directors in attendance. The board unanimously approved the company's Q3 2025 report, which was previously reviewed by the audit committee and is unaudited.

The Q3 2025 report highlights key financial metrics for the first nine months of the year, with total operating revenue reported at CNY 23,290,062,909.61, a decrease of 3.64% compared to the same period in the previous year. Net profit attributable to shareholders was CNY 58,334,184.57. Total assets increased to CNY 46,572,041,562.69, a 10.47% rise from the previous year-end, while net assets attributable to shareholders grew by 3.07% to CNY 2,728,566,831.89.

Operational data for January-September 2025 showed plate and strip production at 555.37 ten thousand tons with sales of 555.20 ten thousand tons at an average price of CNY 3,195.24 per ton. Other products recorded production of 71.36 ten thousand tons and sales of 72.00 ten thousand tons, with an average price of CNY 2,948.59 per ton.