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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.: Mr. Wang Jun is the chairman of the 9th board of directors
Angang Steel Co., Ltd. announced that on September 22, 2023, Mr. Wang Yidong resigned as the chairman and executive director of the company due to job changes. On September 22, 2023, the 2nd Extraordinary General Meeting of Shareholders of the Company in 2023 elected Mr. Wang Jun as the company's executive director. On September 22, 2023, the 20th board of directors of the 9th session of the company elected Mr. Wang Jun as the chairman of the 9th board of directors.
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...
Express News | Angang Steel Co., Ltd.: Revenue for the first quarter was 27.34 billion yuan, down 11% year on year.
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