Citic Pacific Special Steel's Q1 profit rises slightly

Citic Pacific Special Steel Group Co., Ltd. (SZSE:000708) reported a net profit attributable to shareholders of CNY 1,383.79 million for the first quarter of 2025, a 1.76% increase compared to CNY 1,359.81 million in the same period last year. The company's revenue decreased by 5.59% year-over-year, reaching CNY 26,839.85 million. Cash flow from operating activities remained negative, improving to CNY -946.32 million compared to CNY -1,395.17 million in Q1 2024. Basic earnings per share rose slightly to CNY 0.274. The company's total assets stood at CNY 110,289.25 million at the end of the quarter.