CITIC Limited: NISCO's net profit attributable to shareholders for the first three quarters was approximately 2.176 billion yuan, a year-on-year increase of 24.12%
CITIC Limited announced NISCO's performance for the first three quarters of 2025, with operating revenue of approximately CNY 43.283 billion, a year-on-year decrease of 12.19%; net profit attributable to shareholders of approximately CNY 2.176 billion, a year-on-year increase of 24.12%. The weighted average return on net assets is 8.12%, an increase of 1.41 percentage points year-on-year. NISCO's total assets are CNY 70.128 billion, and equity attributable to shareholders is CNY 26.962 billion, representing year-on-year growth of 1.48% and 3.59%, respectively. Steel production was 6.949 million tons, a year-on-year decrease of 0.11%; sales volume was 6.8539 million tons, a year-on-year decrease of 1.28%
According to the Zhitong Finance APP, CITIC Limited (00267) announced the performance of NISCO (600282.SH) for the first three quarters of 2025, with operating revenue of approximately 43.283 billion yuan, a year-on-year decrease of 12.19%; net profit attributable to shareholders of the listed company was approximately 2.176 billion yuan, a year-on-year increase of 24.12%. The weighted average return on net assets was 8.12%, an increase of 1.41 percentage points year-on-year. As of the end of the reporting period, NISCO's total assets were 70.128 billion yuan, an increase of 1.48% compared to the end of the previous year; the equity attributable to shareholders of the listed company was 26.962 billion yuan, an increase of 3.59% compared to the end of the previous year.
From January to September 2025, NISCO (600282.SH) produced 6.949 million tons of steel, a year-on-year decrease of 0.11%; steel sales were 6.8539 million tons, a year-on-year decrease of 1.28%; the comprehensive average selling price of steel was 3,974.23 yuan/ton (excluding tax), a year-on-year decrease of 9.84%.
The announcement stated that the profit growth was mainly due to the company's steady increase in the proportion of advanced steel material sales, focusing on lean production, cost reduction and efficiency enhancement, prioritizing product leadership and key areas, and continuously promoting product structure optimization and model innovation
