CITIC Special Steel's 2026 interim net profit reached 2.99 billion yuan, up 6.85% year on year

Earnings
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CITIC Special Steel released its 2026 interim report, with net profit attributable to the parent company of 2.99 billion yuan, an increase of 192 million yuan compared with the same period last year, up 6.85% year on year, marking a second consecutive year of growth. The company's total operating revenue was 53.672 billion yuan, a decrease of 1.043 billion yuan from the same period last year, down 1.91% year on year. Net cash inflow from operating activities was 3.902 billion yuan, a decrease of 1.375 billion yuan from the same period last year, down 26.06% year on year. The company's latest asset-liability ratio was 56.76%, down 0.12 percentage points from the previous quarter and down 3.37 percentage points from the same period last year. The latest gross margin was 14.77%, up 0.34 percentage points from the previous quarter and up 0.40 percentage points from the same period last year. Diluted earnings per share were 0.59 yuan, an increase of 0.04 yuan from the same period last year, up 7.27% year on year.

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