Gansu Province-based Chinese steelmaker Jiuquan Iron and Steel Group (JISCO) has announced that in 2013 its Gansu-based subsidiary Hongxing Steel recorded an estimated net loss of RMB 2.35 billion ($385.2 million), as compared with a net ...
Tags: Hongxing Steel, Mineral, steelmaker
Jiangsu Province-based Chinese steelmaker Shagang Group has announced that it plans to construct bonded warehouse facilities as well as shearing facilities in Jiulong Steel Logistics Park in Jiangsu. Accordingly, Shagang Group will invest ...
Tags: Shagang, steelmaker
On February 18, Hubei Province-based Chinese steelmaker Daye Special Steel Co. announced its results for 2013, stating that its operating revenues for the year amounted to RMB 7.44 billion ($1.23 billion), decreasing by 8.43 percent, while ...
Tags: Daye Special Steel, steelmaker
Iron ore demand intensity in China will fall further amid continuous drops in steel market prices and lower steel outputs, the China Iron and Steel Association (CISA) said in its monthly report published on its official website. Chinese ...
Shandong Province-based Chinese steelmaker Shandong Iron and Steel Co.(Shandong Steel)has announced that it achieved an operating revenue of RMB 120.6 billion($19.8 billion)and recorded a net loss of RMB 600 million($98.4 million)in 2013.In ...
Tags: steelmaker, Steel, Metallurgy
The financial data of year 2013 disclosed herein are preliminary accounting data, and are subject to audit conducted by an accounting firm. The data herein might differ from final audited results; investors shall pay attention to the risk. ...
Tags: JMC, IAS, IFRS, audited result
On January 27, Liaoning Province-based Chinese steelmaker Lingyuan Iron and Steel Co. (Lingyuan Steel) announced that, according to its preliminary estimates, its net profit for 2013 increased by over 60 percent year on year. In 2012, the ...
Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corp. (WISCO) has announced that its listed subsidiary Wuhan Iron and Steel Co. Ltd will see an estimated 50-100 percent year-on-year rise in its net profit for 2013. ...
Tags: steelmaker, reduced prices of raw materials, lower costs, net profit
In 2013, the aggregate gross profits of large and medium-sized industrial enterprises in China amounted to RMB 6.2831 trillion ($1.0385 trillion), increasing by 12.2 percent year on year, according to data released by China's National ...
On January 21, Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) announced that it plans to issue short-term bonds worth a total of RMB 1 billion ($163.9 million) on January 24 and January 26. This will be ...
On January 22, Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Co. (Ansteel) announced its preliminary financial results for 2013, stating that it achieved a net profit of about RMB 770 million ($126.2 million) for the ...
Tags: Ansteel, reducing costs
Amidst a subdued domestic economic scenario, Chinese apparel company Eratat Lifestyle Limited witnessed a dip in sales revenue and profitability in the third quarter of 2013. The company, which is engaged in the design and distribution ...
Tags: fashion footwear, fashion apparel
In 2013, total real estate investments in China amounted to RMB 8.6013 trillion ($1.41 trillion), up 19.8 percent year on year, with this growth rate up 0.3 percentage points compared to the year-on-year increase rate recorded in ...
On January 16, Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group Co. (Ansteel) announced that it returned to profit in 2013 following the strong net loss it had recorded in 2012. Accordingly, the group has posted a net ...
Tags: Ansteel Group, Mineral
Shandong Province-based Chinese plate producer Shandong Kerui Steel Plate Co., Ltd has announced that it plans to issue short-term bonds worth a total value of RMB 400 million ($66.18 million) on January 20, for a term of 365 days. This ...