Valin Steel's Q1 profit surges 43.55% amid market challenges
Hunan Valin Steel (SZSE:000932) announced a 43.55% year-over-year increase in net profit attributable to shareholders for the first quarter of 2025, reaching CNY562.05 million. The company achieved this growth despite acknowledging continuing supply-demand imbalances within the steel sector. Revenue for the quarter totaled CNY30.08 billion, an 18.52% decrease compared to the same period last year. Basic and diluted earnings per share both stood at CNY0.0814. The company also reported its total assets increased by 4.37% to CNY154.58 billion as of March 31, 2025. Operation highlights included the successful development of copper-steel composite panels, the production of high scrap ratio cold-rolled galvanized steel, and advancements in safety and emissions reduction.
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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