Angang Steel's 2026 interim report shows net loss of 2.047 billion yuan, widening losses

Earnings
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Angang Steel released its 2026 interim report. Total operating revenue was 45.907 billion yuan, down 5.58% year on year. Net profit attributable to the parent company was negative 2.047 billion yuan, a decrease of 932 million yuan compared with the same period last year, with losses widening. Net cash inflow from operating activities was 1.672 billion yuan, up 333.16% year on year. The company's asset-liability ratio was 55.83%, gross margin was negative 1.80%, return on equity was negative 4.92%, and diluted earnings per share was negative 0.22 yuan. The number of shareholders was 97,300, and the top ten shareholders held 80.16% of the total share capital.

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