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The latest update is out from Chongqing Iron & Steel Co., Ltd. Class H ( (HK:1053) ).
Chongqing Iron & Steel Co., Ltd. reported a significant reduction in losses for the first quarter of 2025, attributed to improved management and operational efficiency. The company achieved a turnaround to profit in March, with a total profit of RMB5.13 million, despite a 14.51% decrease in revenue compared to the previous year.
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 iron and steel products. The company aims to enhance production efficiency and reduce costs to maintain competitive market positioning.
YTD Price Performance: -20.0%
Average Trading Volume: 750
Technical Sentiment Signal: Buy
Current Market Cap: €1.32B
For a thorough assessment of 1053 stock, go to TipRanks’ Stock Analysis page.