Xinyu Iron & Steel releases performance forecast for H1 2024.

Sensex a shareJul 10 12:00 ET · Announcements

Xinyu Iron & Steel (600782.SH): Expected to lose 62 million yuan to 89 million yuan in the first half of the year.

On July 10th, Gleamray announced the performance forecast for the first half of 2024. According to preliminary calculations by the finance department, it is expected to achieve a total profit of approximately 22 million yuan in the first half of 2024, with a net income attributable to the owner of the parent company of -89 million yuan to -62 million yuan. Compared with the same period of the previous year (disclosed data), net income has changed from positive to negative. It is expected to achieve a net profit attributable to the owners of the parent company of -430 million yuan to -403 million yuan after deducting non-recurring gains and losses in the first half of 2024.

Gelonghui FinanceJul 10 07:09 ET

Xinyu Iron & Steel (600782.SH) will distribute a dividend of 0.15 yuan per share for the year 2023, with the record date on July 2nd.

Zhitong Finance APP News, Xinyu Iron & Steel (600782.SH) announced that the company will implement annual equity distribution in 2023, with a cash dividend of 0.15 yuan per share (including tax), and the stock registration day is July 2nd.

Zhitong FinanceJun 26 07:23 ET

Financial Morning News: The central bank has once again tightened the offshore market's renminbi liquidity. The amount of A-share buybacks this year has exceeded that of 2023.

New explosive policy in real estate! Government acquisition range expanded to county-level cities, experts say it can achieve a four-in-one effect. On June 20th, the Ministry of Housing and Urban-Rural Development held a video conference on the acquisition of existing commodity housing for use as affordable housing. At the meeting, the Ministry of Housing and Urban-Rural Development clearly stated that all regions should promote the effective acquisition of existing commodity houses for use as affordable housing in counties and cities above the county level. The Ministry of Housing and Urban-Rural Development stated that based on the local real estate market conditions, comprehensive consideration should be given to factors such as the actual demand for affordable housing, the inventory level of the commodity housing market, etc., in accordance with the principle of 'government leadership, market-oriented operation'.

新浪證券Jun 20 19:48 ET

Jingke Smart Agriculture plans to repurchase shares worth 100-200 million yuan; Tiamaes Technology did not participate in any projects related to the "integrated vehicle-road" application pilot.

Focus on Tiamaes technology (300807.SZ): The company has not participated in the related projects of the "vehicle-road integration" application pilot. Tiamaes technology (300807.SZ) announced that the company has noticed the high attention to the "vehicle-road-cloud" integration and EDR concept in the market recently. The company would like to remind investors that the company's current business still mainly focuses on intelligent public transportation, and so far, the company has not participated in any related projects of the "vehicle-road-cloud" integration application pilot, nor has it generated any related business revenue. Some of the on-board devices of the company can achieve the related functions of EDR devices, but the company has not independently researched, developed, produced, or sold EDR products. Please kindly noted by investors.

Gelonghui FinanceJun 20 10:25 ET

Market Participants Recognise Xinyu Iron & Steel Co., Ltd's (SHSE:600782) Earnings

When close to half the companies in China have price-to-earnings ratios (or "P/E's") below 30x, you may consider Xinyu Iron & Steel Co., Ltd (SHSE:600782) as a stock to avoid entirely with its 47.2x P

Simply Wall StJun 5 18:05 ET