Monday, December 27, 2010
SPD in the first half the company announced a net profit of more than 2.55 billion mid-year report.
<P>: Http:// hearing, the line against the industry trend Sheng Daily News results of Daye Special Steel fell 12.88% </ P> <P> CITIC Pacific's steel industry, steel mills, a Mainland - Daye Special Steel .Co., Ltd. (hereinafter referred to Daye Special Steel, 000708.SZ) semi-annual report released yesterday, greatly increased performance with other steel mills to form counter-example is, Daye Special Steel net profit fell 12.88%. .</ P> <P> this, CITIC Pacific said the products will accelerate the restructuring of Daye Special Steel, in the fade out after the aviation industry to accelerate investment and expand the steel plate. .</ P> <P> Daye Special Steel semi-annual report released yesterday showed that first-half operating income of 2.808 billion yuan, up 16.66% over the previous year, net profit of 1.7 billion, representing a decrease of 12.88% over the previous year, business .less than a year earlier profit of 11.11%. .CITIC Pacific said operating profit, net profit declined, mainly due to recovery of prior year same period last year full provision for the impairment of the original occupation of related party non-operating company funds 91.7 million yuan. .</ P> <P> 2004 年 12 months, CITIC Pacific and its subsidiary companies have made in the Mainland through the auction 38.86% stake in Daye Special Steel, together with the previously-acquired 19.27% stake in CITIC Pacific effective control of Daye Special .Steel 58.13% stake, making it the largest shareholder. .China had in its possession together with two other special steel enterprises in Hubei Xinyegang Limited (Hubei Xinyegang) and Jiangyin Xingcheng Iron and Steel Company, CITIC Pacific has become the largest steel producing group. .</ P> <P> Daye Special Steel shares in the acquisition, CITIC Pacific said the company will re-division of Daye Special Steel, Steel and Hubei Xin Ye in China CITIC control assets of other steel products specifications, .species. .Hubei will be to develop a new rule of thick steel and thin-walled seamless pipe and ductile iron pipe flow; Daye Special Steel will be the production of large size specifications Ф130 rolled over, large die casting and forging materials, particularly in molded .wood-based; and CITIC Pacific has just been included in the steel industry, automobile Zeyi Shijiazhuang Steel plate steel as the main direction. .</ P> <P> Daye Special Steel net profit in the first half of this year although the decline in gross margin than the same period last year but an increase of 1.58 percentage points. .Related Analyst, CITIC Pacific, mainly because its product structure adjustment, the company increased sales of high value-added steel products, the decline in first half net profit, mainly provision aspects of the accounts of Daye Special Steel .view of the fundamentals are still positive. .</ P> <P> Chalco earnings per share of 0.53 yuan mid </ P> <P> Aluminum Corporation of China (Chalco; A share stock code: 601600, H share stock code: 2600, .New York Stock code: ACH) held in Shanghai on Tuesday, the 2007 interim results conference, announced the first half of 2007, turnover of China's aluminum industry 36.6 billion yuan, representing an increase of 31.4% over the same period last year. .The impact of product prices by the net profit of 6.397 billion yuan, representing a reduction of 5.15% over the same period last year, but the second half of last year increased by 28%; earnings per share were 0.53 yuan. .Aluminum Corporation of China Board of Directors recommended an interim dividend payment in 2007, 0.137 yuan per share. .Looking ahead, Chalco chairman and chief executive Xiao Yaqing said Chalco in the first half with the Australian government signed Aolu Kun project development agreement, marking the company's overseas development strategy has been officially kicked off, has recently .into the substantive operational phase. .Aluminum Corporation of China has implemented a creative way of Shandong Aluminum and Lanzhou Aluminium merger. .Xiao Yaqing said the company was merged with Baotou Aluminum, the following series of actions as well, making the company more good asset quality, industry is more complete..
Labels:
[:]
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment