Sansteel Minguang: It is expected that the net profit will be 131 million yuan in the first half of 2025, turning losses into profits.

Sansteel Mingguang announced that the net profit attributable to the shareholders of the listed company from January 1, 2025 to June 30, 2025 is expected to be 131 million yuan, an increase of 155.78% compared to the loss of 234 million yuan in the same period of the previous year. The net profit after deducting non-recurring gains and losses is 108 million yuan, an increase of 139.97% compared to the loss of 271 million yuan in the same period of the previous year. The basic earnings per share is 0.05 yuan/share, an increase from a loss of 0.1 yuan/share in the same period of the previous year. The company continues to promote the strategies of high-end, intelligent, green, and low-cost development, optimize product structure, deepen cost reduction throughout the entire process, and achieved a turnaround from loss to profit in the first half of the year, with operating performance increasing year-on-year.