FilingReader Intelligence
Angang Steel cuts first-half losses by 57%
July 14, 2025 at 02:11 PM UTC•By FilingReader AI
Angang Steel expects first-half 2025 net losses of RMB 1,144 million, down 57.46% year-on-year. Basic earnings per share are estimated at RMB 0.122.
The company attributed improved performance to cost reduction and efficiency measures, though the steel market continues facing oversupply issues.
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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