Valin Steel has disclosed its earnings forecast, expecting a net profit attributable to the parent company of 200 million to 300 million yuan for the first half of 2026, a year-on-year decline of 82.84% to 88.56%, with basic earnings per share of 0.0292 to 0.0438 yuan. The company stated that during the reporting period, the steel industry continued to undergo deep adjustments, structural supply-demand imbalances remained prominent, raw material prices stayed high and volatile, steel prices fluctuated within a range and narrowed, squeezing the industry's profit margins.
Hunan Valin Steel Co LtdValin Steel expects net profit to drop 82.84%-88.56% due to structural supply-demand imbalance and squeezed margins.