- China Oriental expects net profit to be RMB270 million to RMB315 million, up about 20% to 40% from RMB225 million.
- Lower prices for major raw materials were cited, with declines described as steeper than the fall in average steel selling prices.
- Management said lean initiatives focused on cost reduction and efficiency improvement contributed to the outlook.
- A year-on-year rebound in production and sales volume of iron and steel products was also cited as a factor supporting gross profit.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Oriental Group Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260323-12063154), on March 23, 2026, and is solely responsible for the information contained therein.