Antai Group disclosed an earnings forecast, expecting a net loss attributable to owners of the parent of 75 million yuan in the first half of 2026, compared with a loss of 93.0621 million yuan in the same period last year. After deducting non-recurring gains and losses, the net loss is expected to be 67 million yuan, compared with a loss of 89.2289 million yuan a year earlier. The company said the loss was mainly due to continued pressure on the steel and coking industry, with overall business gross profit insufficient to cover various period expenses. However, gross profit from the main business increased slightly year-on-year, while financial expenses and research and development expenses decreased year-on-year, resulting in a narrower loss compared with the same period last year. Antai Group is mainly engaged in the production and sales of coke and section steel products.
Shanxi Antai Group Co LtdExpects net loss attributable to parent of 75 million yuan in H1 2026, though narrower than prior year.