CITIC (00267) announced the interim results of Nanjing Iron & Steel Co., Ltd. (600282.SH) for 2025. The company recorded operating revenue of approximately 28.944 billion yuan, representing a decrease of 14.06% year-over-year. Net profit attributable to listed company shareholders reached approximately 1.463 billion yuan, marking an increase of 18.63% year-over-year. Basic earnings per share stood at 0.2373 yuan, with a cash dividend of 1.186 yuan per 10 shares.
In the first half of 2025, the company's advanced steel materials sales volume reached 1.3372 million tons, accounting for 29.77% of total steel product sales, an increase of 2.64 percentage points year-over-year. The gross margin was 20.26%, up 2.32 percentage points year-over-year. Gross profit totaled 1.367 billion yuan, representing 46.67% of total steel product gross profit, an increase of 3.19 percentage points year-over-year, demonstrating continued improvement in profit contribution.
During the first half of 2025, Jinan Mining successfully acquired the exploration rights for the Fanqiao mine through competitive bidding, advancing the "resources + new materials" dual-drive development strategy. During the reporting period, Jinan Mining delivered outstanding operating performance, achieving a net profit of 249 million yuan.
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