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Liuzhou Iron&Steel (SHSE:601003) Adds CN¥871m to Market Cap in the Past 7 Days, Though Investors From Three Years Ago Are Still Down 40%
Liugang Co., Ltd.: Pre-loss announcement for the 2024 annual results of Liugang
Announcement of pre-loss of 2024 annual results of Liugang Steel Co., Ltd.
Liuzhou Iron & Steel (601003.SH): A projected loss of 0.375 billion yuan to 0.47 billion yuan for the 2024 fiscal year.
On January 16, Gelonghui announced that Liuzhou Iron & Steel (601003.SH) published a pre-loss announcement for the 2024 annual performance. According to preliminary estimates by the financial department, the annual performance for 2024 is expected to show a loss. The net income attributable to the owners of the parent company is expected to be between -0.375 billion yuan and -0.47 billion yuan, and the net income attributable to the owners of the parent company after deducting non-recurring gains and losses is expected to be between -0.419 billion yuan and -0.514 billion yuan.
Liuzhou Iron & Steel (601003.SH): plans to introduce Guangxi Investment Lingang No. 1 Fund to increase capital for its holding subsidiary Guangxi Steel.
On December 27, Gelonghui reported that Liuzhou Iron & Steel (601003.SH) announced that, due to strategic planning and operational development needs, the company intends to introduce Guangtou Lingang No. 1 Fund to increase the capital of its holding subsidiary Guangxi Steel, with existing shareholders waiving their preemptive rights. Guangtou Lingang No. 1 Fund will increase its capital in Guangxi Steel by a total amount of 0.674 billion yuan through cash share subscription at a unit price of 1.1858 yuan per registered capital (with the first payment of 0.194 billion yuan to be completed based on actual capital contributions, and the remaining amount to be completed within 12 months from the date the trade agreement is signed), of which 0.56839 billion yuan will be included in the registered capital.
Is Liuzhou Iron&Steel (SHSE:601003) Weighed On By Its Debt Load?
Little Excitement Around Liuzhou Iron&Steel Co., Ltd's (SHSE:601003) Revenues