Jiuquan Iron and Steel Hongxing released its 2026 interim report. Total operating revenue was 16.159 billion yuan, up 3.61 percent year on year. Net profit attributable to the parent company was negative 216 million yuan, an improvement of 432 million yuan compared with the same period last year, marking a second consecutive year of increase. Net cash inflow from operating activities was 407 million yuan, up 2.022 billion yuan from a year earlier. The company's latest asset-liability ratio was 89.68 percent, gross margin was 9.42 percent, ranking second among disclosed peers, return on equity was negative 4.07 percent, and diluted earnings per share was negative 0.03 yuan. The company had 185,500 shareholders, and the top ten shareholders held 61.38 percent of the shares.
Gansu Jiu Steel Group Hongxing Iron & Steel Co LtdNet loss of 216 million yuan in interim report, though narrowed year-on-year.
