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Five steel enterprises in the first half to achieve substantial growth in profits

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Five steel enterprises in the first half to achieve substantial growth in profits

As of the evening of July 10, a total of five listed steel prices released six months notice: Among them, the first half of Hebei Iron and Steel shares is expected to profit 1.15 billion yuan to 1.27 billion yuan last year, profit of 409 million yuan; Half-year net profit attributable to shareholders of listed companies increased by 150.60% over the same period last year to 200.50 %%, the amount of 903 million yuan to 1.083 billion yuan; compared with the same period last year, Ling Steel shares in the first half is expected to achieve losses Profit, to achieve the net profit attributable to listed shareholders of about 400 million; Valin Iron and Steel is expected in the first half of this year to achieve net profit of 11 to 13 billion yuan to achieve attributable to shareholders of listed companies net profit of 9 to 10 billion, and this is Valin Steel and steel since the listing in 1999 since the semi-annual best performance; Jiuquan Hongxing is expected in the first half of 2017 to achieve attributable to shareholders of listed companies net profit of about 35,000 million, compared with the same period last year increased by 54%.

 

"China Metallurgical News", China Steel News Network reporter through the five steel companies semi-annual results notice found that access to 2017, in the country supply side reform, out of the IF furnace and remediation of steel and other policy measures to vigorously promote, On the one hand, the price of steel has always been maintained at a high price range, and the price of raw materials is relatively small; on the other hand, the internal control of the cost reduction work, the whole process down the cost of significant results, cost control better , To improve the profitability of the product, making the relevant steel enterprises in the first half of 2017 net profit more than expected.

 

July 8, China Iron and Steel Industry Association executive vice president of Gu Jianguo in China's iron and steel energy-saving emission reduction forum, said the iron and steel industry in the first half of this year's operation situation, the overall presentation is positive to the good situation, it should be said is With the country to eliminate backward, to crack the measures of the steel is inseparable. This creates a good external environment for steel.

 

Although the overall situation in the steel industry is better than expected, we must be soberly aware that there are still many uncertainties in maintaining the smooth operation of steel.

 

The industry's asset-liability ratio is still at a high level and the problem of financing is still present. To highlight the industry better annual benefits, the second half will not be at your fingertips, and need to pay more effort.

Editor: Yang Xiaoguang Source: China Metallurgical News

Pub Time : 2017-07-28 09:23:24 >> News list
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