China Vanadium Titano-Magnetite Reports 3.4% Revenue Decline and RMB1.0 Million Net Profit for 1H2025

Reuters
08/28
China Vanadium Titano-Magnetite Reports 3.4% Revenue Decline and RMB1.0 Million Net Profit for 1H2025

China Vanadium Titano-Magnetite Mining Co. Ltd. has reported its interim results for the six months ended June 30, 2025. The company's revenue for the first half of 2025 was approximately RMB279.7 million, a slight decrease from RMB289.4 million in the same period of the previous year. Notably, the company recorded a net profit of approximately RMB1.0 million, a significant improvement from the net loss of RMB0.2 million reported in the first half of 2024. In terms of segment performance, the production and sales volume of high-grade iron concentrates saw a minor decrease of approximately 1.1% and 0.4%, respectively. Additionally, the average selling price for these concentrates decreased by approximately 9.3%, while the average unit cost of production decreased by approximately 5.1%. The steel trading segment experienced a 12.4% increase in trading volume, reaching approximately 79.1 kilotonnes in the first half of 2025, despite a 12.8% decrease in the average selling price. Revenue from facility management services remained relatively stable at approximately RMB9.8 million, unchanged from the previous year. Overall, the company's gross margin declined, resulting in a lower gross profit for the reporting period. The company did not provide a specific outlook or guidance for future periods in this announcement.

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. China Vanadium Titano-Magnetite Mining Co. Ltd. published the original content used to generate this news brief on August 28, 2025, and is solely responsible for the information contained therein.

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