智通财经网·2025-10-30 15:18Core Viewpoint - Ansteel Corporation (00347) reported a significant reduction in net losses for the first three quarters of 2025, despite a decline in revenue, indicating effective management strategies in a challenging steel market [1] Financial Performance - Revenue for the first three quarters was 73.092 billion yuan, a year-on-year decrease of 7.78% [1] - The net loss attributable to shareholders was 2.04 billion yuan, which represents a year-on-year reduction of 59.87% [1] - Basic loss per share was 0.218 yuan [1] Strategic Initiatives - The company has actively responded to the severe market conditions by focusing on building a "five-type enterprise" [1] - Efforts to enhance operational efficiency, strengthen core technology development, and expand market reach have been prioritized [1] - Adjustments in product structure, optimization of procurement radius, and cost reduction measures have shown positive results [1]