Shagang Steel's First-Half 2026 Net Profit Drops 11.89% to RMB 137 Million; Sets Dividend

Shagang Steel disclosed its 2026 semi-annual report. During the reporting period, the company achieved total operating revenue of RMB 6.698 billion, a year-on-year decrease of 1.89%. Net profit attributable to shareholders of the listed company was RMB 137 million, down 11.89% year on year. Basic earnings per share were RMB 0.0625. The company also announced that it proposed a cash dividend of RMB 0.25 per 10 shares (tax inclusive) to all shareholders.