Ge Long Hui·2025-08-26 14:59Core Viewpoint - Ansteel Corporation (00347.HK) reported a decline in revenue for the first half of 2025, with a significant reduction in net profit compared to the previous year [1] Financial Performance - The company achieved a revenue of RMB 48.599 billion, a decrease of 12.35% year-on-year [1] - The net profit attributable to shareholders was RMB -1.144 billion, marking a 57.46% reduction in losses compared to the same period last year [1] - Basic earnings per share were RMB -0.122, an improvement from RMB -0.287 in the first half of 2024 [1] Production and Sales - The production volumes for iron, steel, and materials were 12.1643 million tons, 12.7908 million tons, and 12.0353 million tons, reflecting changes of +0.30%, -0.53%, and -0.52% year-on-year respectively [1] - Steel sales reached 12.0211 million tons, a slight increase of 0.08% year-on-year, with a sales-to-production ratio of 99.88% [1]