Anyang Iron & Steel: Net profit is expected to decrease by more than 80%


2020-01-16 18:40:56Beijing News Editor: Chen Shiyi
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Anyang Iron & Steel: Net profit is expected to decrease by more than 80%

2020-01-16 18:40:56Beijing News

Beijing News News On January 16, Anyang Iron & Steel Co., Ltd. (Securities: Anyang Iron & Steel) released its 2019 annual performance forecast. The announcement shows that it is estimated that the net profit attributable to shareholders of listed companies in 2019 will be between 260 million yuan and 380 million yuan, compared with the same period of the previous year, it is expected to decrease by 147.67 million yuan to 1.569667 million yuan, a year-on-year decrease of 79.53% to 86.00%. The net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses is between 256 million yuan and 376 million yuan, compared with the same period of the previous year, it is expected to decrease by 1.552326 million yuan to 1.672326 million yuan, a decrease of 80.51% to 86.73% year on year. Zh

The announcement stated that the net profit attributable to shareholders of listed companies during the reporting period decreased compared with the same period of the previous year, and was mainly affected by the following factors: (I) Main business effects: In 2019, the company suffered a sharp rise in iron ore prices, and coal and scrap steel As the price of raw fuel fluctuated at a high level, factors such as steel production and prices fell year-on-year, and other factors affected the profit level. The company’s previous year’s losses have been made up, and income tax expenses have increased compared with the same period of the previous year, resulting in a decrease in net profit. (II) Impact of non-operating profit and loss: It is estimated that the non-recurring profit and loss for the current period will be mainly government subsidies included in the current profit and loss of about 19 million yuan, non-current assets disposal profit and loss of about 7 million yuan, and non-current assets scrapped and cleaned up. 23 million yuan.

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