ANSTEEL announced its performance for the first three quarters, with a net loss attributable to shareholders of RMB 2.04 billion, a year-on-year narrowing of 59.87%
ANGANG STEEL announced its performance for the first three quarters of 2025, with operating revenue of 73.092 billion yuan, a year-on-year decrease of 7.78%; net loss attributable to shareholders of the parent company was 2.04 billion yuan, a year-on-year narrowing of 59.87%; basic loss per share was 0.218 yuan. The main reasons for the reduction in losses include the company's proactive response to market pressures, improvement in operational efficiency, strengthening of core technologies, and the effectiveness of measures such as market expansion and transformation upgrades
According to the Zhitong Finance APP, ANSTEEL (00347) announced its performance for the first three quarters of 2025, with operating revenue of 73.092 billion yuan, a year-on-year decrease of 7.78%; the net loss attributable to shareholders of the listed company was 2.04 billion yuan, a year-on-year narrowing of 59.87%; basic loss per share was 0.218 yuan.
The announcement stated that the significant reduction in losses was mainly due to the company's proactive response to the severe market conditions in the steel market, striving to overcome difficulties, focusing on the construction of a "five-type enterprise," improving operational efficiency, strengthening core technology breakthroughs, market development, and transformation and upgrading; at the same time, measures such as adjusting product structure, optimizing procurement radius, timely procurement, and strengthening systematic cost reduction have achieved certain results
