Xinjiang Ba Yi Iron & Steel posts net loss of 342 million yuan in 2026 interim report, narrowing year-on-year

Earnings
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Xinjiang Ba Yi Iron & Steel released its 2026 interim report, with a net loss attributable to the parent company of 342 million yuan during the reporting period, narrowing the loss by 354 million yuan compared with the same period last year, marking three consecutive years of narrowing losses. The company's total operating revenue was 9.319 billion yuan, up 6.71 percent year-on-year. Net cash inflow from operating activities was 471 million yuan, an increase of 726 million yuan year-on-year. As of the end of the period, the asset-liability ratio was 101.76 percent, the gross profit margin was 5.50 percent, and diluted earnings per share were negative 0.22 yuan.

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