Taigang Stainless Steel disclosed its 2026 semi-annual report on August 27. In the first half of the year, it achieved total operating revenue of 47.439 billion yuan, up 3.20% year-on-year, but net profit attributable to the parent company was only 135 million yuan, a sharp year-on-year decline of 65.53%. Net profit after deducting non-recurring items was 100 million yuan, down 68.31% year-on-year, and net cash flow from operating activities was 1.689 billion yuan, down 33.20% year-on-year. Basic earnings per share were 0.024 yuan, and the weighted average return on equity was 0.41%, down 0.79 percentage points year-on-year. The company is mainly engaged in the production and sale of stainless steel and other steel products. During the reporting period, the book value of inventory was 9.608 billion yuan, accounting for 29.34% of net assets, an increase of 1.167 billion yuan from the end of the previous year.
Shanxi Taigang Stainless Steel Co LtdNet profit fell 65.53% year-on-year, with operating cash flow down 33.20%.
