Lingyuan Iron and Steel released its 2026 interim report, with net profit attributable to the parent company at negative 808 million yuan, a loss expansion of 230 million yuan compared with the same period last year. The company's total operating revenue was 7.818 billion yuan, up 5.98 percent year on year, but net cash flow from operating activities was negative 112 million yuan, down 207.11 percent year on year. The company's latest asset-liability ratio was 78.42 percent, up 11.79 percentage points from the same period last year, with gross margin at negative 6.99 percent and return on equity at negative 24.67 percent.
Lingyuan Iron & Steel Co LtdNet loss widened to 808 million yuan, with negative gross margin and ROE, indicating deteriorating financial performance.
