Shandong Iron and Steel released its 2026 interim report, with net profit attributable to the parent company at a loss of 29.6 million yuan, narrowing the loss by 4.94 million yuan compared with the same period last year, marking a second consecutive year of improvement. The company's total operating revenue was 31.8 billion yuan, and net cash inflow from operating activities was 1.1 billion yuan. The latest asset-liability ratio was 64.36 percent, down 0.80 percentage points from the previous quarter; gross margin was 8.22 percent, up 0.34 percentage points from the previous quarter; ROE was negative 0.16 percent, an improvement of 0.03 percentage points from the same period last year. The company had 196,900 shareholders, and the top ten shareholders held 6.58 billion shares, accounting for 61.51 percent of total share capital.
Shandong Iron and Steel Co LtdNet loss of 29.6 million yuan, though narrowed, remains negative.
