Shougang Fushan Resources Group Limited provided earnings guidance for the four months ended April 30, 2014. The company has reviewed the unaudited consolidated management accounts of the company for the four months ended April 30, 2014 and announced that the shareholders and potential investors that due to drop in the average realized selling prices of the group's principal products, that is raw and clean coking coal, following slump in their market prices; and the substantial decrease in the sales volume of raw coking coal under the current weak coal market situation, the impact of which has overridden the impact of the increase of sales volume in clean coking coal, the gross profit of the group for the four months ended April 30, 2014 decreased significantly as compared to that for the corresponding period of the financial year 2013.
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3.16 HKD | -0.63% | -0.32% | +9.72% |
05-30 | Shougang Fushan Resources Group Limited Announces Board and Committee Changes | CI |
03-29 | Shougang Fushan Resources Posts 30% Profit Drop for 2023 | MT |
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+9.72% | 1.99B | |
-13.05% | 3.83B | |
+5.10% | 3.35B | |
-4.04% | 3.25B | |
-22.22% | 3.07B | |
-33.52% | 1.3B | |
-31.70% | 861M | |
-12.10% | 794M | |
-28.81% | 637M | |
-50.29% | 459M |
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- Shougang Fushan Resources Group Limited Provides Earnings Guidance for the Four Months Ended April 30, 2014