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CITIC Co., Ltd. (00267): The net profit of Nangang Steel Co., Ltd. (600282.SH) in the first three quarters was about 1,799 billion yuan, a year-on-year decrease of 17.35%
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According to the Zhitong Finance App, CITIC (00267) announced the results of Nangang Steel (600282.SH) for the first three quarters of 2026, achieving revenue of about 47.877 billion yuan, up 10.61% year on year; net profit attributable to shareholders of listed companies was about 1,799 billion yuan, a year-on-year decrease of 17.35%; basic earnings per share were 0.2918 yuan.

From January to September 2026, Nangang Steel Co., Ltd. produced 7.222 million tons of steel, up 3.93% year on year; steel sales volume was 7.1664 million tons, up 4.56% year on year; the comprehensive average sales price of steel was 3,958.86 yuan/ton (excluding tax), down 0.39% year on year. The overseas coke project turned a loss into a profit. Indonesia's Jinrui New Energy coke production was 1,566,400 tons, up 19% year on year, and sales volume was 1.579,400 tons, up 30% year on year; Indonesia's Jinxiang New Energy coke production was 2.1877 million tons, up 29% year on year, and sales volume was 2.1796 million tons, up 36% year on year. Anhui Jin'an Mining Co., Ltd., a wholly-owned subsidiary of Nangang Steel Co., Ltd., operates steadily, producing 914,000 tons of iron powder and selling 914,300 tons. The Fanqiao Iron Ore prospecting rights, which had previously been contested, were explored and mining rights registration procedures were completed.


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