CITIC Pacific Special Steel expects net profit growth of 15.67% in 2025

China's largest steel producer, CITIC Pacific Special Steel from Jiangsu Province, announced that in 2025, its operating revenue was 107.373 billion yuan (15.6 billion U.

S. dollars), down 1.68 percent from last year, and net profit was 5.929 billion yuan (0.86 billion U.

S. dollars) for the year. This is 15.67 percent more than last year.

During the year, CITIC Pacific Special Steel continued to optimize its range of high-quality products, achieving a breakthrough in industrialization in critical sectors such as aviation, deep-sea research, and high-quality equipment manufacturing.

In 2025, the decline in raw material prices was faster than the fall in steel prices, which was the main factor in restoring profitability.

1 dollar = yuan. 6,8909