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Winner, Winner: The Chicken McNugget Story
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Chongqing Iron & Steel Company
Chongqing Iron & Steel Company (1053) investor relations material
Chongqing Iron & Steel Company Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary30 Oct, 2026
Executive summary
Q3 2026 revenue was RMB5.785bn, down 3.68% YoY; net loss attributable to shareholders was RMB125.3m, with adjusted net loss of RMB128.4m.
9M 2026 revenue fell 7.75% YoY to RMB17.611bn; net loss was RMB304.2m versus RMB218.3m in 9M 2025.
Lower commodity billet selling prices and higher raw-material procurement costs contributed to increased losses.
Financial highlights
9M operating income was RMB17.611bn versus RMB19.091bn YoY; operating costs were RMB18.063bn versus RMB19.352bn.
9M net loss after deducting non-recurring profit or loss was RMB330.9m, compared with reported net loss of RMB304.2m.
Other income rose to RMB152.1m from RMB87.4m YoY; asset-disposal gains were RMB25.0m versus RMB2.3m.
Outlook and guidance
Lower commodity billet selling prices and higher raw-material procurement costs were identified as pressures on profitability.
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Latest events from Chongqing Iron & Steel Company
- Revenue fell 9.6% and losses widened, but Q2 profit and capital raise improved outlook.1053
H1 2026 - Net loss deepened on sharply lower revenue and negative operating cash flow amid falling billet prices.1053Q1 2026
- Net loss narrowed to RMB 2,722 million on lower revenue, with improved gross margin.1053H2 2025
- Sharp revenue and profit declines driven by weak sales and pricing in Q3 2024.1053Q3 2024
- Net loss narrowed significantly on lower revenue, with positive cash flow and a March profit.1053Q1 2025
- Revenue rose in Q3, but persistent losses and industry headwinds pressured profitability.1053Q3 2025
- Net loss narrowed to RMB131 million on improved efficiency, despite a 13% revenue drop.1053H1 2025
- Revenue dropped 28% and net loss widened as steel demand and prices declined.1053H1 2024
- Net loss deepened to RMB3.20 billion on sharply lower revenue and persistent industry headwinds.1053H2 2024
Next Chongqing Iron & Steel Company earnings date
H2 202625 Mar, 2027
Chongqing Iron & Steel Company
Next Chongqing Iron & Steel Company earnings date
H2 202625 Mar, 2027
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