Baotou Steel H1 2026 Net Profit Rises 84.61% to RMB 279 Million
Baotou Steel Co. reported a net profit of RMB 279 million for the first half of 2026, up 84.61% from a year earlier, even as revenue fell 10.52% to RMB 28.034 billion. Basic earnings per share for the period were RMB 0.0062. The interim report showed the company achieved significant profit growth despite a decline in top-line revenue, reflecting improved profitability.
Baotou Steel Co. disclosed its interim report for 2026. The report shows that in the first half of 2026, the company recorded operating revenue of RMB 28.034 billion, down 10.52% year on year. Net profit attributable to shareholders of the listed company was RMB 279 million, up 84.61% year on year, and basic earnings per share were RMB 0.0062.