According to the report, Bao Steel in January-June of the main business of 491.15 billion, a year-on-year comparison of 285.47 billion, an increase of 72%, while its net profit reached 71.45 billion, a year-on-year comparison of 47.94 billion, an increase of 49%. Plus equity change factors, from January to June this year, Baosteel's earnings per share $ 0.41, slightly higher than the same period last year of $ 0.38.
At the end of April this year, Baosteel complete issuance of new shares, net financing 254.11 billion in early may, the complete takeover of assets, the company has become a complete international leading steel Federation, product coverage of carbon steel, stainless steel, special steel three types.
It seems to increase investor confidence, Baosteel yesterday also announced that this year 5 to 12 month will count for more than 30 million of turnover. Notice that the company to Baosteel Group Shanghai Pudong iron sales, coke, scrap and other raw materials, steel billet 2005 ~ 12 month is expected to add new transactions amounted to $ 24.15; company to Nantong new day at Baosteel steel co., Ltd. sales Coke, ores and other raw materials, 2005 ~ 12 month is expected to add new transactions amounted to $ 3.40; company to Shanghai Baosteel technology economic development corporation to sell ore, 2005 ~ 12 month is expected to add new transactions amounted to $ 2.67 billion.
Previously, there was the Fund Manager to the morning news reporter said, because of prior knowledge of Baosteel forthcoming performance will be slower than expected, many of the Fund has carried out a jiancang, Baosteel.
Recently, Baosteel price decreases, even lower than the daily Baosteel Group prepares its shareholding in price ($ 4.53), yesterday, the price of the bottom again, minimum $ 4.43, sink, the price of $ 4.46 left undertakings price.
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