Hong Kong Stock Moves | Ma'anshan Iron and Steel Co., Ltd. (00323) falls over 4% after earnings; annual net loss attributable to the parent company of 209 million yuan; net profit narrowed by 4.956 billion yuan year-on-year.

LootboxPhobia · 2026-03-26T04:20:33+00:00

Masteel Co., Ltd. released its performance report showing that operating revenue decreased by 5.25% year-over-year in 2025, while net losses decreased by 95.51%. Despite stable overall operations, net profit has not yet turned profitable due to market fluctuations and declining performance from affiliated companies, with stock price falling more than 4%.

LootboxPhobia

2026-03-26 04:20:33

Abstract generation in progress

Zhitong Finance APP learned that Maanshan Iron & Steel Co., Ltd. (00323) fell more than 4% after earnings release. As of the time of writing, it dropped 4.73% to HKD 2.62, with a trading volume of HKD 12.14 million.

In terms of news, on March 25, Maanshan Iron & Steel announced its annual results for the year ending December 31, 2025. The group achieved operating revenue of RMB 77.525 billion (same below), a decrease of 5.25% year-on-year; net loss attributable to shareholders of the listed company was RMB 209 million, narrowing by 95.51% year-on-year; basic loss per share was RMB 0.027.

The announcement states that the company’s overall production and operation remained stable throughout 2025, with significant improvements in operating performance compared to the previous year. The total profit decreased by RMB 4.97 billion, and net profit decreased by RMB 4.956 billion year-on-year. Net profit attributable to shareholders of the listed company decreased by RMB 4.45 billion. However, due to market fluctuations in the fourth quarter and declines in the performance of some associated companies, except for total profit, net profit and net profit attributable to shareholders of the listed company still have not turned profitable.

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