Shoucheng Renews Fund Management Service Contract With Affiliate
Beijing Shougang (000959): Weak demand leads to a significant decline in Q3 performance.
Revenue decreased year-on-year, gross margin declined. In the first three quarters of 2024, the company achieved revenue of 81.97 billion yuan, a year-on-year decrease of 3.59%; among them, Q3 revenue was 25.285 billion yuan, a year-on-year decrease of 8.56%, a quarter-on-quarter decrease of 6.
Beijing Shougang (000959): Single-quarter loss due to weak industry prosperity and other reasons.
The company released the third quarter report: 24Q3 achieved revenue of 25.285 billion yuan (yoy -8.56%, qoq -6.85%), net profit attributable to the parent company -0.191 billion yuan (turning to a loss on a year-on-year and quarter-on-quarter basis). Achieved revenue in 2024Q1-3.
Shougang shares: report for the third quarter of 2024
Beijing Shougang (000959.SZ) released the performance for the first three quarters, with a net income of 0.204 billion yuan, a year-on-year decrease of 78.57%.
Beijing Shougang (000959.SZ) released the third quarter report for 2024. In the first three quarters, the company achieved revenue...
Beijing Shougang (000959.SZ): the net income in the first three quarters was 0.204 billion yuan, a year-on-year decrease of 78.57%.
Gelonghui, on October 29th, Beijing Shougang (000959.SZ) announced the third quarter report of 2024. The company achieved revenue of 81.97 billion yuan in the first three quarters, a year-on-year decrease of 3.59%; the net income attributable to shareholders of the listed company was 0.204 billion yuan, a year-on-year decrease of 78.57%; the net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 2.3091 million yuan, a year-on-year decrease of 99.75%; the basic earnings per share was 0.0261 yuan.
Metso Wins New Contract for Chinese Pellet Plant
Beijing Shougang (000959.SZ): Currently, the group's supply ratio of iron ore for production is about 50%.
Beijing Shougang (000959.SZ) stated on the investor interaction platform on September 12 that long-term procurement can improve the stability of raw material supply. Currently, the company's proportion of group-supplied iron ore for production is about 50%. After the production of Macheng iron ore, which is under construction, the company's iron ore resource guarantee capability will be further enhanced. The company uses waveband procurement methods, low inventory management, and reasonable hedging of risks.
Express News | Beijing Shougang: Subsidiary carbon emission rights transfer is expected to impact profit by 1 to 0.12 billion yuan.
Express News | Beijing Shougang's procurement center leadership team has been adjusted: Zheng Baoguo has been appointed as the party committee secretary, and Tian Jinzhong is the general manager.
Express News | Swhy: Baoshan Iron & Steel's performance meets expectations, maintaining a "buy" rating.
Beijing Shougang (000959) 2024 interim report review: Continuous optimization of product structure, Q2 net income attributable to parent turned losses into gains compared to the previous quarter.
Event: In the first half of 2024, the total revenue reached 56.684 billion yuan, a decrease of 1.19% year-on-year, achieving a net profit attributable to the parent company of 0.395 billion yuan, a decrease of 3.80% year-on-year. In Q2 2024, revenue reached 27 billion yuan.
Beijing Shougang's H1 Profit Slips 4%, Operating Income Down 1%
Beijing Shougang: Half-year report for the year 2024.
Beijing Shougang: Summary of Half-Year Report in 2024.
Beijing Shougang (000959.SZ): The net income in the first half of the year was 0.39 billion yuan, a year-on-year decrease of 3.8%.
Gelonghui August 22 | Beijing Shougang (000959.SZ) announced its semi-annual report, with revenue of 56.684 billion yuan, a year-on-year decrease of 1.19%, net income of 0.39 billion yuan, a year-on-year decrease of 3.8%, non-net profit of 0.27 billion yuan, a year-on-year decrease of 29.19%, and basic earnings per share of 0.0509 yuan.
Beijing Shougang (000959): steady growth in strategic products, improved Q2 performance.
In the first half of 24H1, the net income attributable to the parent company decreased by 3.80% year-on-year. The company's rating of 'shareholding' is maintained. The company achieved a revenue of 56.684 billion yuan (a decrease of 1.19% year-on-year) and a net income attributable to the parent company of 0.395 billion yuan (a decrease of 3.80% year-on-year).
Beijing Shougang (000959): Leading the layout of energy saving and carbon reduction, will benefit from the tightening of eco-friendly concept.
Introduction to this report: The pressure of the company's debt is gradually easing, and the financial cost is expected to continue to decline, which is beneficial to the gradual recovery of its profit level per ton of steel. The company has gradually formed differentiation competitive advantages in ultra-low emission and low-carbon. In the medium and long term, we believe that the csi enterprise bond index will continue to perform well.
Express News | Beijing Shougang: Signed a memorandum of cooperation to build a green and low-carbon steel supply chain with Brilliance BMW.
Express News | Share buyback overview of A-share stocks: 28 companies disclose buyback progress.