Shougang Century FY26 H1 profit drops 66% to HK$ 10.13 million; revenue rises 14.1% to HK$ 1.32 billion

• Shougang Century posted a 66% drop in profit attributable to shareholders to HK$ 10.13 million.
• Revenue rose 14.1% to HK$ 1.32 billion, driven by global expansion to meet demand for a secure supply chain.
• Gross profit margin narrowed 1 percentage point to 13.3% as steel cord selling prices were lowered to defend market share.
• Other losses swung to HK$ 14.62 million from a gain, including HK$ 9.31 million in foreign-exchange losses.
• Steel cord sales volume climbed 16.3% to 139,428 tonnes; export volume rose 25.4% to 48,227 tonnes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shougang Century Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260814-12285411), on August 14, 2026, and is solely responsible for the information contained therein.