Chongqing Iron & Steel Company Limited released its unaudited third quarter report for the period ended 30 September 2025. The Company recorded revenue from operations of RMB 6.01 billion in the third quarter, an increase of 8.96% year-on-year. However, revenue for the first nine months reached RMB 19.09 billion, representing a 7.32% decrease compared with the same period last year.

Net profit attributable to shareholders remained in negative territory, with a loss of RMB 87.31 million for the third quarter. For the nine-month period, net profit attributable to shareholders stood at a loss of RMB 218.33 million. The Company explained that non-recurring items, totaling RMB 12.95 million for the first three quarters, had a limited impact relative to the reported figures.

Despite the negative net profit, net cash flow from operating activities for the nine months rose significantly compared with the previous year, reaching RMB 1.83 billion, up 68.11%. According to the disclosure, the improvement is mainly associated with operational factors despite the year-on-year decrease in profit.

At the end of the reporting period, total assets amounted to RMB 35.08 billion, down 1.13% from the end of 2024, while owners’ equity attributable to shareholders declined by 1.20% to RMB 16.41 billion. The Company also reported a basic loss per share of RMB 0.02 for the first three quarters.

This quarterly report was prepared under applicable accounting standards and has not been audited. The management of Chongqing Iron & Steel Company Limited stated that there are no misleading statements or material omissions in the report, and it has undertaken legal responsibility for the accuracy and completeness of the disclosed information.