SEHK:639Metals and Mining
Shougang Fushan Resources Group (SEHK:639) Margin Compression Challenges Bullish Earnings Narratives
Shougang Fushan Resources Group (SEHK:639) has released its FY 2025 first half numbers, reporting revenue of HK$2,101.4 million and basic EPS of HK$0.079, with net income of HK$404.1 million setting the tone for the period. Over the last three reported halves, revenue has moved from HK$2,531.6 million and EPS of HK$0.170 in 1H 2024 to HK$2,559.2 million and EPS of HK$0.131 in 2H 2024, before landing at the latest 1H 2025 figures. With net profit margin sitting at 12.5% versus 29.5% a year ago...