Shandong Iron And Steel Expects First-Half Loss Attributable to Shareholders

Stock News07-12

Shandong Iron And Steel Company Ltd (600022.SH) has issued a preliminary forecast for its first-half 2026 performance.

The company anticipates achieving a net profit of approximately 152 million yuan for the first six months of 2026.

However, it expects a net loss attributable to shareholders of the parent company of around -30 million yuan.

Compared with a loss of -35 million yuan in the same period last year, which has been adjusted retrospectively, this represents a slight year-on-year improvement of about 5 million yuan.

The forecast also indicates an estimated net loss, excluding non-recurring gains and losses, attributable to shareholders of the parent company of roughly -169 million yuan for the first half of 2026.

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