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An update from Angang Steel Co ( (HK:0347) ) is now available.
Angang Steel Co. announced its interim financial results for the first half of 2025, reporting an operating income of RMB48,599 million but a total loss of RMB-1,069 million, with a net loss attributable to shareholders of RMB-1,144 million. Despite the challenging financial performance, the company continues to maintain its strategic agreements for mutual supply of commodities and services with its controlling shareholder, Angang Holding, which may influence its future operational stability and market positioning.
The most recent analyst rating on (HK:0347) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Angang Steel Co stock, see the HK:0347 Stock Forecast page.
More about Angang Steel Co
Angang Steel Co. is a prominent player in the steel industry, primarily engaged in the production and sale of steel products. The company focuses on serving various market segments by offering a wide range of steel solutions.
Average Trading Volume: 24,220,105
Technical Sentiment Signal: Buy
Current Market Cap: HK$26.87B
See more insights into 0347 stock on TipRanks’ Stock Analysis page.