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An announcement from Maanshan Iron & Steel Co ( (HK:0323) ) is now available.
Maanshan Iron & Steel Co. announced its estimated interim results for the first half of 2025, projecting a net loss of approximately RMB 0.075 billion, a significant reduction in loss compared to the previous year. The company has implemented measures to improve efficiency and reduce costs, resulting in improved production and operation performance, although a net profit turnaround has not yet been achieved.
The most recent analyst rating on (HK:0323) stock is a Hold with a HK$1.60 price target. To see the full list of analyst forecasts on Maanshan Iron & Steel Co stock, see the HK:0323 Stock Forecast page.
More about Maanshan Iron & Steel Co
Maanshan Iron & Steel Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China, operating in the iron and steel industry. The company focuses on the production and management of steel products, with an emphasis on optimizing product structure and enhancing service and processing capacities for core users.
YTD Price Performance: 31.97%
Average Trading Volume: 19,462,769
Technical Sentiment Signal: Buy
Current Market Cap: HK$25.87B
Learn more about 0323 stock on TipRanks’ Stock Analysis page.