Shougang Century Holdings Limited Issues Positive Profit Alert for FY2025
Significant Profit Growth Expected for Financial Year Ended 31 December 2025
Shougang Century Holdings Limited (Stock Code: 103) has issued a positive profit alert, announcing that it expects to record an increase of not less than 50% in profit after tax for the financial year ended 31 December 2025 compared to the previous year. The profit after tax for the year ended 31 December 2024 was HK\$31,647,000. This anticipated growth implies that the Group’s profit after tax for FY2025 will be at least HK\$47,470,500 or higher.
Key Drivers for Profit Growth
- Rise in Gross Profit Margin: The Group has benefited from a decrease in production costs, resulting in a higher gross profit margin.
- Improvement in Net Finance Income: There has been a decrease in finance costs and an increase in finance income, further boosting profitability.
Important Information for Shareholders and Investors
- Preliminary Results: The figures cited are based on the Board’s preliminary assessment of unaudited consolidated financial statements. These numbers have not yet been audited or reviewed by independent auditors.
- Final Results Pending: The final audited results for FY2025 may differ from these preliminary figures. The official final results announcement will be published in March 2026.
- Price Sensitive Information: The expected significant increase in profit after tax is considered price-sensitive and may have a material impact on the Company’s share price.
- Caution Advised: Shareholders and potential investors are urged to exercise caution when dealing in the shares of Shougang Century Holdings Limited due to the preliminary nature of these results.
Leadership and Board Composition
The Board of Directors is comprised of a mix of executive, non-executive, and independent non-executive directors, including:
- Mr. Su Fanrong (Chairman)
- Mr. Zhao Yue (Vice Chairman)
- Mr. Li Jinping (Managing Director)
- Mr. Yang Junlin (Deputy Managing Director)
- Ms. Chen Na (Executive Director)
- Ms. Xu Hongyan (Non-executive Director, with Mr. Sun Chao as her Alternate Director)
- Mr. Lam Yiu Kin (Independent Non-executive Director)
- Mr. Feng Yaoling (Independent Non-executive Director)
- Ms. Ho Shuk Ying, Sabrina (Independent Non-executive Director)
- Mr. Wang Jiaqiong (Independent Non-executive Director)
- Ms. Kang Yanan (Independent Non-executive Director)
- Mr. Wang Xiaodong (Independent Non-executive Director)
Conclusion
The announcement by Shougang Century Holdings Limited of a projected 50% or greater increase in profit after tax for FY2025 is a substantial development. The improvement is primarily driven by reduced production costs and favorable finance income dynamics. As this information is price-sensitive and could impact share values, investors should monitor subsequent disclosures and the final audited results to be released in March 2026.
Disclaimer: This article is based on preliminary unaudited information released by Shougang Century Holdings Limited. The actual audited financial results may differ. Investors are advised to exercise caution and consult the official results announcement and relevant disclosures before making investment decisions. The information provided here should not be construed as investment advice.
