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Chongqing Iron and Steel announced that in the third quarter of 2026, it achieved operating income of 5.785 billion yuan, a year-on-year decrease of 3.68%; net loss of 125 million yuan. The first three quarters of 2026 achieved operating income of 17.611 billion yuan, a year-on-year decrease of 7.75%; net loss of 304 million yuan, after deducting non-net loss of 331 million yuan. The loss in performance was mainly due to a year-on-year decrease in the sales price of commercial billets and a rise in raw material procurement costs. Net cash flow from operating activities in the first three quarters was 757 million yuan, a year-on-year decrease of 58.70%, mainly due to an increase in inventory capital consumption.
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Chongqing Iron and Steel announced that in the third quarter of 2026, it achieved operating income of 5.785 billion yuan, a year-on-year decrease of 3.68%; net loss of 125 million yuan. The first three quarters of 2026 achieved operating income of 17.611 billion yuan, a year-on-year decrease of 7.75%; net loss of 304 million yuan, after deducting non-net loss of 331 million yuan. The loss in performance was mainly due to a year-on-year decrease in the sales price of commercial billets and a rise in raw material procurement costs. Net cash flow from operating activities in the first three quarters was 757 million yuan, a year-on-year decrease of 58.70%, mainly due to an increase in inventory capital consumption.
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