凌钢股份(600231) - 2025 Q2 - 季度业绩预告

Lingyuan Iron & Steel Co., Ltd. 2025 Semi-Annual Pre-Loss Announcement Lingyuan Iron & Steel Co., Ltd. announces its preliminary financial forecast for H1 2025, projecting a net loss Current Period Performance Forecast The company forecasts a net loss for H1 2025, with net profit attributable to shareholders estimated at approximately RMB 577.09 million 2025 Semi-Annual Performance Forecast | Item | Estimated Amount (RMB 10,000) | | :--- | :--- | | Net Profit Attributable to Parent Company Shareholders | -57,709 (approximate) | | Net Profit Attributable to Parent Company Shareholders (Excluding Non-Recurring Items) | -57,456 (approximate) | - This performance forecast is unaudited by a certified public accountant[2] Prior Period Performance Review The company's loss widened compared to the prior year, with 2024 H1 net profit attributable to shareholders at -RMB 521.98 million 2024 Semi-Annual Performance Review | Item | Amount | | :--- | :--- | | Total Profit | -66,793.46 RMB 10,000 | | Net Profit Attributable to Parent Company Shareholders | -52,198.34 RMB 10,000 | | Net Profit Attributable to Parent Company Shareholders (Excluding Non-Recurring Items) | -53,036.23 RMB 10,000 | | Earnings Per Share | -0.18 RMB | Main Reasons for Current Period Pre-Loss The pre-loss is primarily due to weak steel market conditions, including falling prices, and a significant increase in income tax expenses, despite cost-reduction efforts - The steel industry's oversupply and weak demand persist, leading to continuous declines in steel prices, which is an external market factor contributing to the company's loss[5] - Despite the company's various cost-reduction and efficiency-improvement measures, the commencement of operations for the 1-4 blast furnace capacity replacement project and ultra-low emission renovation project contributed to the inability to reverse the loss[5] - Income tax expense increased by RMB 135.47 million compared to the prior year, primarily because the parent company recognized deferred tax assets on losses in the prior period, which were not recognized in the current period[5] Risk Warning The company confirms no significant uncertainties exist that would affect the accuracy of this performance forecast - The company confirms the absence of significant uncertainties affecting the accuracy of this performance forecast[6] Other Explanatory Matters The company emphasizes that the disclosed performance data are preliminary, with final figures subject to the official 2025 semi-annual report, and advises investor caution - The forecast data provided are preliminary, and the final accurate financial figures will be subject to the company's officially disclosed 2025 semi-annual report[7] - Investors are advised to exercise caution regarding investment risks[7]