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An update from Chongqing Iron & Steel Co., Ltd. Class H ( (HK:1053) ) is now available.
Chongqing Iron & Steel Co., Ltd. announced an estimated net loss for the first three quarters of 2025, ranging between RMB210 million to RMB230 million, marking a significant reduction in losses compared to the previous year. The improvement in financial performance is attributed to strategic initiatives in procurement cost reduction and sales profit growth, alongside enhanced risk resilience through cost reduction and efficiency improvements.
More about Chongqing Iron & Steel Co., Ltd. Class H
Chongqing Iron & Steel Co., Ltd. operates in the steel industry, focusing on the production and sale of steel products. The company is engaged in optimizing its procurement and sales strategies to enhance profitability and competitiveness in the market.
Average Trading Volume: 51,158,179
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$14.96B
See more data about 1053 stock on TipRanks’ Stock Analysis page.