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The first half of industry operating conditions improve

Jiuquan Hongxing profitability in the first half net profit of 230 million yuan
Jiuquan Hongxing August 16 release reported the company in 2016 January-June operating income of 18.43 billion yuan, a year earlier to 33.79 billion yuan, down 45.45%; 1-- attributable to shareholders of listed companies in June net profit of 230 million yuan, a year earlier loss of 1.53 billion yuan, up into the black. The first half of 2016, the company iron, steel, timber were completed 2.4994 million tons, 2.9337 million tons (568,400 tons of which stainless steel), 2.8746 million tons (526,400 tons of which is stainless steel), completed 48.07 percent of the annual plan, respectively, 47.55% (54.13% stainless steel which completed the program), 45.85% (52.12% Galvanized steel coil which completed the program).
The reason for the change in performance, Jiuquan Hongxing said that the combined effects of the expected demand, inventory and other factors, the steel industry has improved over last operation. Companies seize the opportunity to seize the opportunity, deepen reform, improve management efficiency, the company operations and improve profitability.
Daily News mentioned operation while two subsidiaries, including Jiuquan Steel Group Yuzhong Iron and Steel Co., Ltd. is a wholly owned subsidiary of the Company, during the reporting period, operating income of elm steel 6,678 million and net profit -25,646 million; wine Yicheng Iron and steel Group Co., Ltd. is a subsidiary of the holding company, the report period, the company actively make an inventory of assets wing steel, semi-finished goods inventory through sales, revenue 3,595 yuan. The company's first half net loss of 6,838 million.
Fangda Special Steel net profit of 260 million yuan in the first half increased by 77.95%
Fangda Special Steel August 12 release reported the company in 2016 January-June operating income of 3.79 billion yuan, a year earlier to 4.28 billion yuan, down 11.4%; 1-- attributable to shareholders of listed companies in June net profit of 259 million yuan, a year earlier net profit of 145 million yuan, an increase of 77.95%. The first half of 2016, the company produced 1.4753 million tons of iron, steel, 1.6751 million tons, 1.6907 million tons timber.
The reason for the change in performance, Fangda Special Steel, said the report period, the steel industry is fiercely competitive, market demand has not been fundamentally improved, the company calmly security objectives, an effective, continue to maintain a healthy and steady development of the production and operation of enterprises momentum.
Daye Special Steel net profit of 146 million yuan in the first half increased by 4.95%
Daye Special Steel August 11 release reported the company in 2016 January-June operating income of 3.287 billion yuan, a year earlier to 3.045 billion yuan, an increase of 7.96%; 1-- attributable to shareholders of listed companies in June net profit of 146 million yuan, a year earlier net profit of 139 million yuan, an increase of 4.95%. It produced 572,300 tons of steel in the first half 2016, an increase of 7.70%; steel production of 970,800 tons, up 45.92 percent; sales of steel 970,600 tons, an increase of 47.33%.
The reason for the change in performance, Daye Special Steel, said the company in the first half adhere to "enhance the brand," the main line, "I really do learn focus on management, quality and tough tackling mention the difficulties to grab the market, do everything possible to reduce costs", continued product structure adjustment, hard skills, innovation management model, the overall economic benefits of stable, better than last year.
Yongxing Special Steel in the first half net profit rose 8.36%
Yongxing Special Steel semi-annual report released in 2016, 2016 and January 1 to June 30, net profit of 132 million yuan, a year earlier to 122 million yuan, an increase of 8.36%.
The first half of 2016, operating income of 14.95 billion yuan, a year earlier to 1.802 billion yuan, down 17.01%, mainly due to the company's products, although sales growth year on year, but that is the price of the main raw material of stainless steel scrap, nickel alloy drop influences.
The company said the reporting period, net profit growth was mainly due to the adoption of cost-plus pricing model, raw material prices led to sales decline in revenue, product profitability steady, and net profit was essentially flat sales growth, cash generated from operating activities The net flow to give up a substantial improvement in financial position, asset quality has been further improved.
2016 January to September, the company expects net profit of 189 million to 227 million yuan, an increase of 0-20%, the company expects orders and sales increased over last year, and the company's costs and expenses will not be significant changes occur .
Fujian Sanming Iron and Steel in the first seven months of profits 746 million yuan
January 2016 to July, the three Steel Group sales revenue of 13.392 billion yuan, profits of 1.315 billion yuan, of which profit of 746 million yuan. In 2015, Fujian Sanming Steel Group loss for the year amounted to 1.349 billion yuan.
January to July, three Sanming Steel Group headquarters ton of steel down the whole process of the present 122 yuan, 438 million yuan efficiency; Sanan Steel 99.22 yuan per ton cost reduction, efficiency 150 million yuan; luoyuan Minguang cost reduction per ton of steel companies 132.25 yuan, 112 million yuan efficiency. 3 mills per ton average of the whole process down 117.82 yuan, 700 million yuan in total efficiency.
In the first half, the three Steel Group produced 5.0275 million tons of steel, although steel production in the country in 70 large steel companies ranked only 21, but a number of important indicators into the forefront of the industry: a total profit of 613 million yuan, ranked No. 7; total assets contribution rate of 11.15 percent, ranked No. 4; capital appreciation rate of 106.84%, ranked No. 4; ROE reached 14.73 percent, ranked No. 7; other indicators are also among the industry's first phalanx .
Anyang Iron and Steel Group, the first half of the non-profit 20.92 million yuan steel plate
Anyang Iron and Steel Group, as a large iron and steel enterprises, has set up different types of subsidiary. Large iron ore, small mineral water, the main industry subsidiary services production and supply wide range of products, everything.
Steel Group first half of non-steel segment operating income of 6.4 billion yuan, of which 1.1 billion yuan of foreign revenue, profit of 20.92 million yuan, the company made a positive contribution to profitability.
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