Citic Pacific Special Steel Group Co., Ltd. Class ASZSE: 000708

Citic Pacific Special Steel Group Co: Net profit fell 10.34% to ¥2.73B as revenue declined, but high-end steel sales grew

· Issued by Citic Pacific Special Steel Group Co., Ltd. Class A

H1 2024 revenue fell 2.26% to ¥57.01B and net profit dropped 10.34% to ¥2.73B, with strong growth in high-end special steel segments despite industry headwinds. Cash flow improved, and the company remains focused on innovation, cost control, and risk management.

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