Holding subsidiary encumbers Anyang Iron & Steel's performance in H1 2017
2017-08-23 18:02:17
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According to the reply to enquiry letter of “Steel price trend and semi-annual performance differentiation” from Shanghai Stock Exchange, Anyang Iron & Steel explained that the output and sales of its products were unsteady, and the operating performance will be directly influenced if the company can reach the designed capacity or not in the near future, expecting that there still exists uncertainties on profitability in H2 2017.Asian Metal Copyright48 million in H1 2017, an increase of RMB56.Asian Metal Copyright The local government canceled cut-capacity policy to advanced capacity from late June 2017 in Anyang, and the company returned to the normal production gradually.Asian Metal Copyright The local government canceled cut-capacity policy to advanced capacity from late June 2017 in Anyang, and the company returned to the normal production gradually.Asian Metal Copyright However, along with persistently stricter environmental protection policy, there are also uncertainties whether the company will be influenced by this policy in the long run and can keep the normal production.Asian Metal Copyright However, along with persistently stricter environmental protection policy, there are also uncertainties whether the company will be influenced by this policy in the long run and can keep the normal production.Asian Metal Copyright Holding subsidiary of Anyang Iron & Steel Group Cold Rolling Co.Asian Metal Copyright However, along with persistently stricter environmental protection policy, there are also uncertainties whether the company will be influenced by this policy in the long run and can keep the normal production.Asian Metal Copyright, Ltd.Asian Metal Copyright The local government canceled cut-capacity policy to advanced capacity from late June 2017 in Anyang, and the company returned to the normal production gradually.Asian Metal Copyright lost RMB60.Asian Metal Copyright Holding subsidiary of Anyang Iron Steel Group Cold Rolling Co.Asian Metal Copyright48 million in H1 2017, an increase of RMB56.Asian Metal Copyright, Ltd.Asian Metal Copyright343 million YOY, encumbering Anyang Iron & Steel’s performance in H1 2017.
.Asian Metal CopyrightAccording to the reply to enquiry letter of “Steel price trend and semi-annual performance differentiation” from Shanghai Stock Exchange, Anyang Iron Steel explained that the output and sales of its products were unsteady, and the operating performance will be directly influenced if the company can reach the designed capacity or not in the near future, expecting that there still exists uncertainties on profitability in H2 2017Asian Metal Copyright
