Maanshan Iron & Steel Co Ltd600808
▼ NegativeCapitalrelevance
Net loss widened after deducting non-recurring items, and Q2 loss increased 262% YoY.
Impact on stocks 1
Others
Maanshan Iron & Steel Co LtdMaanshan Iron & Steel released its 2026 interim report. First-half operating revenue was 37.225 billion yuan, down 2.2 percent year on year. Net loss attributable to the parent was 69.9 million yuan, narrowing from a loss of 74.78 million yuan in the same period last year. Net loss attributable to the parent after deducting non-recurring items was 223 million yuan, widening from a loss of 108 million yuan a year earlier. Net operating cash flow was 3.716 billion yuan, up 295 percent year on year. In the second quarter, operating revenue was 19.51 billion yuan, up 4.6 percent year on year, while net loss attributable to the parent was 112 million yuan, down 262 percent year on year. As of the end of the second quarter, total assets were 80.785 billion yuan, down 1.2 percent from the end of the previous year, and net assets attributable to the parent were 23.961 billion yuan, down 0.3 percent. The company produced 9.25 million tonnes of pig iron, 10.02 million tonnes of crude steel and 9.93 million tonnes of finished billet and rolled products, down 1.18 percent, 3.19 percent and 1.64 percent year on year respectively.
Maanshan Iron & Steel Co LtdNet loss widened after deducting non-recurring items, and Q2 loss increased 262% YoY.