China Oriental (00581) announced its interim results for 2025, reporting revenue of 19.86 billion yuan, a decrease of 12% year-over-year. Gross profit reached 1.243 billion yuan, representing a 38.1% increase compared to the same period last year. Profit attributable to equity holders totaled 203 million yuan, marking a significant 116% year-over-year growth, with basic earnings per share of 0.05 yuan.
According to the announcement, the net profit growth was primarily driven by a combination of factors, including: (i) a decline in key raw material prices, with the rate of decrease outpacing the decline in steel product prices; and (ii) the Group's continued comprehensive implementation of lean management strategies, including cost reduction, efficiency improvements, and optimized procurement management, which resulted in lower overall costs per ton of steel.
Meanwhile, the Group continues to actively address the dual challenges of macroeconomic volatility and deep industry adjustments through sustained efforts, adopting operational strategies centered on innovation-driven development, green transformation, deepened management, and the promotion of high-quality development.
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