Xin Lang Cai Jing·2026-01-15 19:28Core Viewpoint - Chongqing Steel Co., Ltd. anticipates a net loss for the fiscal year 2025, projecting a net profit attributable to shareholders of between -2.8 billion to -2.5 billion yuan, indicating a reduction in losses compared to the previous year [2][4]. Group 1: Performance Forecast - The performance forecast period is from January 1, 2025, to December 31, 2025 [3]. - The expected net profit attributable to shareholders for 2025 is projected to be between -2.8 billion to -2.5 billion yuan, which is an improvement of 396 million to 696 million yuan compared to the previous year [4]. - The expected net profit after deducting non-recurring gains and losses is projected to be between -2.83 billion to -2.53 billion yuan, with an anticipated reduction in losses of 377 million to 677 million yuan compared to the previous year [4]. Group 2: Previous Year Performance - In the previous year, the net profit attributable to shareholders was -3.196 billion yuan, and the net profit after deducting non-recurring gains and losses was -3.207 billion yuan [6]. - The earnings per share for the previous year were -0.36 yuan per share [7]. Group 3: Reasons for Performance Decline - The domestic steel market in 2025 is expected to experience significant adjustments in supply and demand, particularly with a weak performance in the construction materials market [8]. - The company plans to conduct impairment tests on certain assets due to indications of impairment and will make provisions for asset impairment in accordance with relevant accounting standards [8]. - To improve operational performance and address long-term industry downturn risks, the company is focusing on extreme efficiency and meticulous process control, optimizing raw material structures, enhancing smelting efficiency, and developing high-value-added products [8].