Chongqing Iron & Steel : ANNOUNCEMENT ON THE OPERATING DATA FOR THE FIRST HALF OF 2020
August 26, 2020 at 12:51 am
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ANNOUNCEMENT ON THE OPERATING DATA
FOR THE FIRST HALF OF 2020
Pursuant to the relevant provisions of Article 25 of the "Guidelines on Industrial Information Disclosure of Listed Companies No. 9 - Iron and Steel" of the Shanghai Stock Exchange, Chongqing Iron & Steel Company Limited (the "Company") hereby announces the operating data for the first half of 2020 (reporting period) (unaudited) as follows:
MAJOR FINANCIAL DATA
Unit: RMB'000
Change from
the end of last
year compared
As at the end
As at the
to the end of
of the reporting
end of the
the reporting
period
last year
period
(%)
Total assets
28,611,251
26,975,726
6.06
Net assets attributable to
shareholders of the Company
19,520,184
19,396,003
0.64
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Change from
Reporting period
Same period the same period
(January to June)
last year
last year
(%)
Net cash flow from operating
activities
82,586
88,417
-6.59
Operating income
10,927,367
11,483,560
-4.84
Net profit attributable to
shareholders of the Company
121,355
615,728
-80.29
Net profit attributable to
shareholders of the Company
after extraordinary gains and
losses
107,793
589,097
-81.70
Decreased by
Weighted average return on net
2.65 percentage
assets (%)
0.62
3.27
points
Basic earnings per share
(RMB per share)
0.01
0.07
-85.71
Diluted earnings per share
(RMB per share)
0.01
0.07
-85.71
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MAJOR PRODUCTS DATA
Average selling
Production from
Sales from
price from
January to June
January to June
January to June
Major products
2020
2020
2020
(RMB per tonne,
(0'000 tonnes)
(0'000 tonnes)
excluding taxes)
Medium plate
98.97
98.53
3,508
Hot rolling
161.48
163.39
3,252
Bars
28.91
28.73
3,337
Profiles
24.61
23.05
3,356
Total
313.97
313.70
3,348
The above operating data is unaudited. Investors are advised to pay attention to the investment risks and exercise caution when using such information.
By order of the Board
Chongqing Iron & Steel Company Limited
Meng Xiangyun
Secretary to the Board
Chongqing, the PRC, 26 August 2020
As at the date of this announcement, the Directors of the Company are: Mr. Zhang Jingang (Non-executive Director), Mr. Song De An (Non-executive Director), Mr. Zhou Ping (Non-executive Director), Mr. Liu Jianrong (Executive Director), Mr. Tu Deling (Executive Director), Mr. Zou An (Executive Director), Mr. Xin Qingquan (Independent Non-executive Director), Mr. Xu Yixiang (Independent Non-executive Director) and Mr. Wong Chunwa (Independent Non-executive Director).
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Chongqing Iron & Steel Company Limited published this content on 26 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 August 2020 23:51:17 UTC
Chongqing Iron & Steel Company Limited is a China-based company, principally engaged in the manufacture and distribution of iron and steel products. The Company's main products consist of panels, hot rolls, bars, sectional materials, wires and supplied materials. The Company's products are mainly applied in shipbuilding, heat exchangers, separators, storage devices, bridges, mine machinery, engineering machinery, high buildings, heavy automobiles, motorcycles, security doors and steel structure plants, among others. The Company distributes its products within domestic market and to overseas markets.