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China Oriental Logs 228 Million Yuan in Q1 Operating Profit

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China Oriental (HKG:0581) recorded an operating profit after net finance costs of around 228 million yuan in the first quarter of 2026, a Wednesday filing with the Hong Kong bourse said.

Shares of the steel and iron company were down over 2% in late-morning trade on Thursday.

The company's sales volume of self-manufactured steel products reached about 2 million tonnes in the three months.

Gross profit per tonne of self-manufactured steel products was about 100 yuan to 150 yuan per tonne, the filing said.

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