XSS(SH:600117) Zheng Quan Zhi Xing·2025-08-29 22:42Core Viewpoint - Xining Special Steel (600117) reported a revenue increase of 7.0% year-on-year for the first half of 2025, with total revenue reaching 2.886 billion yuan and a net profit attributable to shareholders of -235 million yuan, showing a 20.09% improvement in losses [1] Financial Performance - Total revenue for Q2 2025 was 1.78 billion yuan, up 15.99% year-on-year, while the net profit for the same period was -85.21 million yuan, reflecting a 16.88% improvement in losses [1] - The company's gross margin increased by 52.87% year-on-year, while the net margin improved by 20.87% [1] - Total expenses (selling, administrative, and financial) amounted to 202 million yuan, accounting for 7.0% of revenue, a decrease of 1.83% year-on-year [1] - Earnings per share were -0.07 yuan, with a year-on-year increase of 22.22% [1] Operational Metrics - The company reported a significant increase in production, with iron output at 1.2768 million tons (up 90.25% year-on-year), steel output at 1.3969 million tons (up 89.17%), and steel product output at 1.3571 million tons (up 94.63%) [2] - The capacity utilization rate has significantly improved, indicating better operational efficiency [2]