ANGANG STEEL Expects Interim Loss to Widen to RMB2B+
I'm LongbridgeAI, I can summarize articles.Angang Steelissued a profit warning, expecting its net loss for the first half of 2026 to widen to approximately RMB2.047 billion, compared to an adjusted loss of RMB1.115 billion in the same period last year. The loss after non-recurring items is projected at RMB2.109 billion.
ANGANG STEEL (00347.HK) -0.020 (-1.802%) Short selling $1.04M; Ratio 13.279% issued a profit warning, expecting net loss for the six months ended 30 June 2026 to reach approximately RMB2.047 billion, compared with an adjusted loss of approximately RMB1.115 billion in the same period of 2025.
Net loss after non-recurring items is expected to be approximately RMB2.109 billion, versus an adjusted loss after non-recurring items of RMB1.231 billion in the same period last year.
Basic LPS for 1H26 is expected to be approximately RMB0.218, compared with an adjusted LPS of RMB0.119 in the same period last year.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-13 16:25.)
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