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Accident with ship loader impacts the Q2 2025 results of Shougang Hierro Peru-热处理展-工业炉展-2026第二十六届广州国际热处理、工业炉展览会-巨浪展览—The 26th China(Guangzhou)Int'l Heat Treatment, Industrial Furnace Exhibition 8/4/2025 热处理展-工业炉展-heat treatment expo-furnace expo |
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The Peruvian iron ore producer, Shougang Hierro Peru (SHP), has posted a net profit of PEN 178.86 milion($49.822 million) for Q2 2025, against PEN 790.99 million for Q2 2024.According to the company, the lower profit reflects chiefly the impact of an accident with the ship loader in theSan Nicolas terminal, which ultimately reduced iron ore sales in Q2 2025 to 5.856 milion mt from 10.247 milionmt in Q2 2024.
Lower iron ore prices have also played a negative role in the results, the company added
Net sales declined by 83.1 percent to PEN 240.69 milion, while the production costs declined by 67.2 percento PEN 241.817 milion, resulting in a gross loss of PEN 1.124 milion and an operational loss of PEN 53.569million.
The positive profit was achieved thanks to financial and tax gains.$=PEN 3.59 (July 31)
热处理展-工业炉展-2026第二十六届广州国际热处理、工业炉展览会-巨浪展览—The 26th China(Guangzhou)Int''l Heat Treatment, Industrial Furnace Exhibition
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