Ma Steel Co., Ltd. (600808): 1Q performance is in line with expectations, optimistic about 2Q profit recovery
The 1Q24 results are in line with our expectations. The company announced 1Q24 results: operating income of 20.39 billion yuan, -10.3% year over year; net profit to mother - 310 million yuan, +20 billion yuan year on year. The company's 1Q24 performance is in line
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
Baoshan Iron & Steel Co., Ltd. Just Beat EPS By 29%: Here's What Analysts Think Will Happen Next
A week ago, Baoshan Iron & Steel Co., Ltd. (SHSE:600019) came out with a strong set of quarterly numbers that could potentially lead to a re-rate of the stock. It was overall a positive result, w
Wujin Stainless Steel (603878): The dividend rate is very attractive for quantitative and increased growth
Core view The company released its 2023 annual report, with total revenue of 3,516 billion yuan, +24.21% year-on-year, net profit to mother of 352 million yuan, +63.43% year-on-year, and basic EPS of 0.63 yuan.
Baosteel Co., Ltd. (600019): The profitability of hot and cold rolls further differentiates and maintains a high dividend ratio
Core view The company released the 2023 annual report and the first quarter report of 2024. The company's total revenue in 2023 was 344.868 billion yuan, -6.55% year-on-year, and net profit to mother was 11.944 billion yuan
Ma Steel Co., Ltd. (600808.SH): Domestic steel demand is expected to decline slightly
Gelonghui, April 30丨Ma Steel Co., Ltd. (600808.SH) said on the investor interactive platform that from a global perspective, steel demand is expected to increase to a certain extent in the future. Demand from emerging market economies such as ASEAN and India may continue to grow, and domestic steel demand is expected to drop slightly. Key factors affecting the development of the industry in the next few years are mainly supply and demand relationships, technological progress, carbon tax policies, etc. Supply-side structural reforms are conducive to improving the relationship between supply and demand in the steel market and promoting the improvement of enterprise quality and efficiency. Environmental protection policies and dual carbon goals are conducive to the green transformation and development of enterprises, and promote the improvement of the green utilization level of the secondary energy industry by enterprises.