Shanxi Antai Group Extends Coke Processing Partnership to Cut Losses
Shanxi Antai Group (600408.SH): intends to continue its entrusted processing business for coke.
On February 28, Gelonghui reported that Shanxi Antai Group (600408.SH) announced that in order to actively respond to the risks of fluctuation in the coking market and reduce losses in the coke Business, it had previously initiated a commissioned processing Business for coke with Xiangfen Changshengping Coal Industry Co., Ltd. (referred to as "Changshengping Company"). Since the commencement of this Business, the cooperation between both parties has been smooth. According to the calculations by the company's financial department, this Business model significantly reduced the losses of self-operated coke products under similar conditions, which has positive significance for improving the company's Operation performance. Based on the current and
Antai Group 2024 Earnings Pre-Loss Announcement
Shanxi Antai Group (600408.SH): Expected net loss of approximately 0.325 billion yuan in 2024.
On January 17, Gelonghui reported that Shanxi Antai Group (600408.SH) announced that, according to preliminary calculations by the company's finance department, it is expected that the net income attributable to the owners of the parent company for the 2024 fiscal year will be about -325 million yuan; the net income attributable to the owners of the parent company after deducting non-recurring gains and losses is expected to be about -347 million yuan. The company is expected to report a loss in net income attributable to the owners of the parent company for the 2024 fiscal year, mainly due to the continued downturn in the domestic steel market, insufficient overall demand for steel from downstream industries, and steel prices fluctuating at low levels; at the same time, the price of coke is also being squeezed by upstream steel enterprises.
Shanxi Antai Group Co.,Ltd's (SHSE:600408) Share Price Boosted 28% But Its Business Prospects Need A Lift Too
Announcement of Antai Group\'s main operating data for the third quarter of 2024
Antai Group Third Quarter Report 2024
shanxi antai group (600408.SH) released the performance of the first three quarters with a net loss of 0.301 billion yuan
shanxi antai group (600408.SH) released the third quarter report for 2024, the company achieved operating income in the first three quarters...
shanxi antai group (600408.SH): a net loss of 0.301 billion yuan in the first three quarters.
Grain Long meeting on October 25th | Shanxi Antai Group (600408.SH) released the third quarter report for 2024, with the company's revenue for the first three quarters at 5.152 billion yuan, a year-on-year decrease of 33.77%; net income attributable to shareholders of the listed company -0.301 billion yuan; net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses -0.304 billion yuan; basic earnings per share -0.3 yuan.
shanxi antai group (600408.SH): actively planning to accelerate the pace of transformation through mergers and acquisitions, refinancing, and other means.
Grainews October 22, shanxi antai group (600408.SH) stated on the investor interaction platform that the company will fully grasp the current policy orientation, seize market opportunities, actively plan to accelerate the transformation pace through mergers and acquisitions, refinancing, and other means, focus on industry consolidation, merger and reorganization, industrial upgrading, high-quality transformation and other long-term development plans, deepen global strategy investment continuously, focus on nurturing emerging industries, and seek sustainable development and strategic transformation of the company.
shanxi antai group (600408.SH): continue to carry out entrusted processing business of coking coal
shanxi antai group (600408.SH) issued an announcement, the company is actively responding to the fluctuation risk in the coking coal market, striving to through flex...
Shanxi Antai Mulls Stake Acquisition in Coal Firm for Up to 500 Million Yuan
Shanxi Antai Group Co.,Ltd (SHSE:600408) Surges 28% Yet Its Low P/S Is No Reason For Excitement
shanxi antai group (600408.SH): intends to acquire part of the equity of a coal company.
On September 26, Gelonhui announced that shanxi antai group (600408.SH) disclosed that the company (Party A, transferee) signed an "Equity Transfer Letter of Intent" with Mr. Yang Ruiping (Party B, transferor), Shanxi Jiexiu Xinyugou Zuozegou Coal Industry Co., Ltd. (Party C, target company), intending to acquire a portion of the target company's equity held by Mr. Yang Ruiping and his related parties in cash or other ways, with the expected proportion of acquired equity not less than 20% and not more than 45%. Party A intends to acquire a portion of the target company's equity held by Party B and his related parties in cash or other ways. The total price paid by Party A for this transaction will not exceed a certain amount.
Antai Group 2024 Semi-Annual Report
Summary of Antai Group\'s 2024 Semi-Annual Report
Shanxi Antai Group (600408.SH) released its semi-annual performance report with a net loss of 0.183 billion yuan.
Shanxi Antai Group (600408.SH) disclosed its 2024 semi-annual report, reporting revenue of 3...
Shanxi Antai Group (600408.SH): Net loss of 0.183 billion yuan in the first half of the year.
On August 29th, Gelonhui reported that Shanxi Antai Group (600408.SH) released its semi-annual report. In the first half of 2024, the company produced a total of 0.808 million tons of coke (including 0.55 million tons of self-produced coke and 0.258 million tons of coke processed by third parties), with sales of 0.5588 million tons of self-produced coke; produced 0.6176 million tons of H-beams, with sales of 0.5942 million tons; achieved revenue of 3.694 billion yuan, a 29.37% decrease year-on-year; the net profit attributable to shareholders of the listed company was -0.183 billion yuan, still a loss year-on-year, mainly due to market fluctuations in the steel and coking industry during this reporting period.
Shanxi Antai Group announced a performance forecast for H1 2024, expecting a loss.
Shanxi Antai Group (600408.SH): expects a loss of 0.173 billion yuan in the first half of the year.
On July 9th, Gelunhui reported that Shanxi Antai Group (600408.SH) announced a performance forecast of an expected net loss for the first half of 2024. The company estimates the net income attributable to the owner of the parent company to be approximately -0.173 billion yuan, and the net income attributable to the owner of the parent company after deducting non-recurring gains and losses to be approximately -0.163 billion yuan.