Xining Special Steel released its 2026 interim report. Total operating revenue was 2.817 billion yuan, down 2.40 percent year on year. Net profit attributable to the parent company was negative 311 million yuan, with the loss widening by 76.5299 million yuan compared with the same period last year. Net cash flow from operating activities was negative 116 million yuan, down 1,133.57 percent year on year. The company's asset-liability ratio rose to 58.45 percent, gross margin was negative 8.03 percent, return on equity was negative 9.00 percent, and diluted earnings per share was negative 0.10 yuan. The number of shareholders was 71,800, and the top ten shareholders held 72.05 percent of total share capital.
Xining Special Steel Co LtdNet loss widened to 311 million yuan with negative gross margin and cash flow.
