Beijing Shougang sees net profit up by 56 times to RMB948,895,100
2017-08-22 17:58:52 [Print]
Beijing Shougang Co., Ltd. released the semi-annual report recently, stating that the company’s business income was RMB28.257 billion and profit was RMB1,432.1701 million; the profit attributable to shareholders were RMB948.8951 million, up by 5667.78% YOY.
The company announced their outputs in H1, in specific, Qinggang Company produced 3.7 million tons of iron, 3.7 million tons of steel and 2.56 million ton of steel products (excluding outputs from Lengya Company), up by 14.2%, 15.3% and 14.3% YOY respectively. Jingtang Company produced 4.38 million tons of iron, 4.34 million tons of steel and 3.7568 million tons of steel products, down by 4.2%, 1.4% and 0.04% YOY respectively. Lengya Company produced 870,000t of cool-rolled plates, up by 16% YOY. The company achieved RMB28.257 billion of operation revenue with gross profit of RMB1,432.1701 million; the profit attributable to shareholders were RMB948.8951 million and the EPS was RMB0.1794. With total assets of RMB133.686 billion, their equity attributable to the parent company’s shareholders was RMB26.176 billion.
The company announced their outputs in H1, in specific, Qinggang Company produced 3.7 million tons of iron, 3.7 million tons of steel and 2.56 million ton of steel products (excluding outputs from Lengya Company), up by 14.2%, 15.3% and 14.3% YOY respectively. Jingtang Company produced 4.38 million tons of iron, 4.34 million tons of steel and 3.7568 million tons of steel products, down by 4.2%, 1.4% and 0.04% YOY respectively. Lengya Company produced 870,000t of cool-rolled plates, up by 16% YOY. The company achieved RMB28.257 billion of operation revenue with gross profit of RMB1,432.1701 million; the profit attributable to shareholders were RMB948.8951 million and the EPS was RMB0.1794. With total assets of RMB133.686 billion, their equity attributable to the parent company’s shareholders was RMB26.176 billion.
