---
title: "\"Profit Warning\" Chongqing Iron and Steel's losses narrowed, with a maximum annual loss of 2.8 billion RMB"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/272703869.md"
description: "CHONGQING IRON issued a profit warning, expecting a net loss of between 2.5 billion and 2.8 billion RMB for the fiscal year 2025, which is expected to reduce the loss by 396 million to 696 million RMB compared to the previous year. The anticipated loss is mainly due to the company's provision for impairment of certain assets"
datetime: "2026-01-15T13:21:36.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/272703869.md)
  - [en](https://longbridge.com/en/news/272703869.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/272703869.md)
---

# "Profit Warning" Chongqing Iron and Steel's losses narrowed, with a maximum annual loss of 2.8 billion RMB

CHONGQING IRON (01053.HK) issued a profit warning, expecting a net loss of between 2.5 billion and 2.8 billion RMB for the fiscal year 2025, which is an expected reduction in losses of 396 million to 696 million RMB compared to the previous year. The anticipated losses are mainly due to the company's provision for impairment on certain assets

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