Shougang Century expects H1 profit after tax to fall 50%-70% from HK$29.75 million

• Shougang Century forecast profit after tax down 50%-70% for the six months ended June 30, 2026.
• Compares with profit after tax of about HK$ 29.75 million a year earlier.
• Fierce industry competition pressured pricing, with lower steel cord selling prices cutting gross margin.
• Interim results expected before end-August 2026.

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. Shougang Century Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260731-12264153), on July 31, 2026, and is solely responsible for the information contained therein.