Angang Steel's Q1 Loss Widens
Angang Steel (SHE:000898, HKG:0347) reported a net loss attributable to shareholders of 1.66 billion yuan for the quarter ended March 31, compared with 49 million yuan in the prior year, according to
China Mining Association: The cumulative production of 336.026 million tons of steel in the first quarter increased 4.4% year-on-year
On April 30, the China Mining Association announced the economic performance of the metallurgical mining industry for March 2024.
Changes in Hong Kong stocks | Angang Steel Co., Ltd. (00347) fell more than 6% at the end of the session. Net loss for the first quarter was about 1,657 billion yuan, an increase of 10.12 times year-on-year
The Zhitong Finance App learned that Angang Steel Co., Ltd. (00347) fell more than 6% at the end of the session. As of press release, it was down 6.52% to HK$1.29, with a turnover of HK$10.737 million. According to the news, Angang Steel Co., Ltd. announced results for the first quarter of 2024. Operating revenue was 27.343 billion yuan, a year-on-year decrease of 11.35%; net loss attributable to shareholders of listed companies was about 1,657 billion yuan, an increase of 10.12 times over the previous year. According to the announcement, the main reason for the increase in losses was the year-on-year decline in steel sales prices due to the downward trend in the steel market. Also, on April 26, the China Iron and Steel Association held a meeting in Beijing
Angang Steel Co., Ltd. (00347): Deng Qiang was appointed as Deputy General Manager
Angang Steel Co., Ltd. (00347) announced that Deng Qiang has been appointed as the company's deputy general manager since April 29, 2024...
Angang Steel Co., Ltd. (00347) announced first-quarter results, net loss of about 1,657 billion yuan, an increase of 10.12 times year-on-year
Angang Steel Co., Ltd. (00347) announced results for the first quarter of 2024, with revenue of 27.343 billion yuan, year-on-year...
鞍鋼股份:2024年第一季度報告
鞍鋼股份:2023年度報告
Angang Steel Co., Ltd. (00347.HK): Tian Yong resigns as executive director
Gelonghui, April 26, 丨 Angang Steel Co., Ltd. (00347.HK) issued an announcement. On April 26, 2024, Mr. Tian Yong requested the board of directors to resign as executive director, deputy general manager, and board nomination committee member due to job changes. Mr. Tian's resignation took effect on April 26, 2024.
World Steel Association: In January 2024, global crude steel production was 161.2 million tons, down 4.3% year on year
On April 23, the World Steel Association announced the global crude steel production volume for March 2024.
China Steel Association: In early April, according to key statistics, the daily crude steel production of steel companies declined by 2.11,1800 tons year-on-year
On April 17, according to the China Iron and Steel Association, in early April 2024, key statistics steel companies produced a total of 21.1117,700 tons of crude steel, 19.646 million tons of pig iron, and 197532 million tons of steel.
Angang Steel Co., Ltd.: 1.642,000 restricted shares whose sales restrictions have been lifted will be listed and circulated on April 18
Angang Steel Co., Ltd. (00347) announced that the company's 2020 Restricted Stock Incentive Plan (hereinafter referred to as the Incentive Plan) has already achieved the conditions for lifting the sales restrictions for the first time. A total of 36 incentive recipients have met the conditions for lifting the sales restrictions. The number of restricted stocks that can be lifted is 1,6420.3 million shares, accounting for 0.02% of the company's current total share capital. The restricted stock listing and circulation date for which sales restrictions have been lifted is April 18, 2024.
Angang Steel Co., Ltd. (00347): 1.642,000 restricted shares whose sales restrictions have been lifted will be listed and circulated on April 18
Angang Steel Co., Ltd. (00347) issued an announcement. The company's 2020 Restricted Stock Incentive Plan (hereinafter referred to as this promotion...
Angang Steel Co., Ltd. (00347.HK) plans to hold a board meeting on April 29 to approve the first quarter results
Gelonghui, April 12, 丨 Angang Steel Co., Ltd. (00347.HK) announced that the board of directors meeting will be held on April 29, 2024 (Monday) to consider and approve, as appropriate, the results of the company and its subsidiaries for the three months ended March 31, 2024.
Angang Steel Repurchases Nearly Half a Million Restricted Shares; Shares Up 3%
Angang Steel (HKG:0347, SHE: 000898) repurchased 450,666 restricted A shares for a consideration of 977,304.66 yuan, according to a Monday filing on the Hong Kong bourse. The repurchased shares, which
Angang Steel Co., Ltd. (00347) proposes to issue ultra-short-term financing notes, short-term financing notes and medium-term notes
According to Zhitong Finance App, Angang Steel Co., Ltd. (00347) issued an announcement. On March 28, 2024, the board of directors considered and submitted a resolution on (1) recommending the issuance of ultra-short-term financing notes with a total principal amount not exceeding RMB 3 billion, (2) a resolution recommending the issuance of short-term financing notes with a total principal amount of not more than RMB 3 billion, and (3) a resolution proposing the issuance of medium-term notes with a total principal amount of RMB 4 billion for the shareholders of the company to consider and approve in the form of a special resolution.
Angang Steel Co., Ltd. (00347) plans to repurchase and cancel a total of 457,700 restricted shares
Angang Steel Co., Ltd. (00347) issued an announcement. The company proposed to repurchase and cancel a total of 457,700 restricted shares. Used for...
Analysts Have Lowered Expectations For Angang Steel Company Limited (HKG:347) After Its Latest Results
Last week, you might have seen that Angang Steel Company Limited (HKG:347) released its full-year result to the market. The early response was not positive, with shares down 9.7% to HK$1.30 in the pas
ANGANG STEEL: 2023 ANNUAL RESULTS ANNOUNCEMENT
Angang Steel Co., Ltd. (000898.SZ): net loss of 3.257 billion yuan in 2023
Gelonghui, March 28 | Angang Steel Co., Ltd. (000898.SZ) released its 2023 annual report. In 2023, the company achieved operating income of 113.502 billion yuan, a year-on-year decrease of 13.40%; net profit attributable to shareholders of listed companies - 3.257 billion yuan; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 3.315 billion yuan; and basic earnings per share - 0.347 yuan.
Oriental Securities: Non-ferrous steel is expected to reassess the value of central state-owned enterprises. It is recommended to focus on these targets
The Zhitong Finance App learned that Oriental Securities released a research report indicating that as of December 2023, there were 97 enterprises directly managed by the central government in China, with a total of 12 central state-owned enterprises in the mining, metallurgy, gold, and steel sectors, second only to strong monopoly industries such as energy and power. Among them, the non-ferrous steel sector is an important part of the market value assessment of central state-owned enterprises. In particular, steel and aluminum account for a relatively large share of the market value. It still has great potential in promoting the asset quality of listed companies through mergers and restructuring, resolution of related transaction issues, and increase dividend rates, etc., and is expected to have a leading effect. Recommended target: Baowu System: Baosteel Co., Ltd. (600019.SH)
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