Lingang Steel: Loss of 1.557 billion yuan in 2025, a year-on-year reduction in losses

People’s Finance News on March 31 reported that Linggang Co., Ltd. (600231) disclosed its annual report on March 31. In 2025, it achieved operating revenue of 15.661 billion yuan, down 13.46% year over year; the net loss attributable to shareholders was 1.557 billion yuan, compared with a loss of 1.678 billion yuan in the same period last year. During the reporting period, the company produced 48.800 million tonnes of steel, down 6.81% year over year; produced 45.698 million tonnes of iron, down 5.54% year over year; and sold 43.568 million tonnes of steel products, down 15.08%, including 30.185 million tonnes of special and structural steel products, up 4.85% year over year.