Maanshan Iron & Steel Co., Ltd. (00323) had a net loss of 178 million yuan in the first three quarters, down 313.13% year on year

According to the Zhitong Finance App, Maanshan Iron & Steel Co., Ltd. (00323) issued an announcement to achieve operating income of 54.506 billion yuan (RMB, same below) in the first three quarters of 2026, a year-on-year decrease of 5.33%; net loss attributable to shareholders of listed companies was 178 million yuan, a year-on-year decrease of 313.13%; and a basic loss of 0.02 yuan per share.

According to the announcement, from January to September 2026, the company lost money due to factors such as the year-on-year narrowing of the price gap between purchase and sale, the rise in coal coke prices in the third quarter, and the loss of the company's participation in Jinma Energy.