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Results 1 - 9 of 9 for anshan

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  1. Business - Companies - METALS

    Angang Steel to sell loss-making plants to parent Anshan

    Posted Nov 22nd 2012, 12:00am by Eric Ng

    ... consecutive year of net loss and ease the risk of a mainland delisting. The steelmaker clinched a deal to sell a 45 per cent stake in Tianjin Tiantie to Anshan Iron and Steel Group for 1.18 billion ...

    http://www.scmp.com/business/companies/article/1087861/angang-steel-sell-loss-making-plants-parent-anshan
  2. Angang Steel shares drop as weaker growth hits

    Posted Apr 17th 2012, 12:00am

    ... Charlotte So charlotte.so@scmp.com Angang Steel shares dropped as much as 5 per cent yesterday on a profit warning and weaker-than-expected economic growth on the mainland. The largest steel company traded in Hong Kong expects to lose 1.89 billion yuan (H ...

    http://www.scmp.com/article/998427/angang-steel-shares-drop-weaker-growth-hits
  3. Angang's accounting raises eyebrows

    Posted Sep 28th 2011, 12:00am

    ... Eric Ng eric.mpng@scmp.com Angang Steel, the listed unit of state-owned Anshan Iron & Steel Group, has raised the estimated useful life of its assets, in a move analysts say will artificially boost the company's bottom-line figures amid falling steel prices and high costs. The company revised projections on how long its assets could generate revenue and services, extending ...

    http://www.scmp.com/article/980355/angangs-accounting-raises-eyebrows
  4. Angang Steel to reduce exports as new levy eats into margins

    Posted Apr 17th 2008, 12:00am by Carol Chan

    ... yesterday. The Anshan, Liaoning-based steelmaker increased production by 6.42 per cent to 14.93 million tonnes last year, of which 3.14 million tonnes was sold to overseas customers. ...

    http://www.scmp.com/article/634012/angang-steel-reduce-exports-new-levy-eats-margins
  5. Angang Steel drops after downgrade

    Posted Apr 16th 2008, 12:00am by Carol Chan

    ... Carol Chan Shares in Angang Steel, the listed arm of the mainland's second-largest steelmaker, plunged 8.21 per cent yesterday in Hong Kong after some analysts downgraded the stock's rating following the company's disappointing earnings. The Anshan, Liaoning-based steelmaker said on Monday night that last year's net profit rose 6.2 per cent to 7.53 billion ...

    http://www.scmp.com/article/633869/angang-steel-drops-after-downgrade
  6. Angang Steel cleared for dual rights issue to raise 20b yuan

    Posted Sep 29th 2007, 12:00am by Staff Reporter

    ... shares have surged in both markets so far this year- 164.04 per cent in Hong Kong and 252.94 per cent in Shenzhen- as the price of steel has risen. All shareholders, including parent Anshan Iron ...

    http://www.scmp.com/article/609669/angang-steel-cleared-dual-rights-issue-raise-20b-yuan
  7. Angang revives dual bid for issue of rights shares

    Posted Apr 12th 2007, 12:00am by Eric Ng

    ... Shenzhen-listed A shares recorded a more spectacular 70 per cent gain year-to-date and 207.6 per cent rise in the past 12 months. All shareholders, including parent Anshan Iron & Steel Group, ...

    http://www.scmp.com/article/588636/angang-revives-dual-bid-issue-rights-shares
  8. Angang earnings soar to 7.1b yuan

    Posted Apr 11th 2007, 12:00am by Eric Ng

    ... of the acquisition of 19.69 billion yuan of steel production assets from its parent, Anshan Iron and Steel Group, the mainland's second-largest steelmaker. Second-half net profit grew 347 per cent ...

    http://www.scmp.com/article/588510/angang-earnings-soar-71b-yuan
  9. Angang loses some of its hard edge as No1 steel performer

    Posted Apr 21st 2008, 12:00am by Carol Chan

    ... Carol Chan When its net profit for last year fell short of a mean estimate of 21 analysts polled by Thomson Financial, Angang Steel's long-standing reputation as the best performer among mainland steelmakers listed in Hong Kong was cast in doubt. Is the Anshan, Liaoning-based maker of high-end steel products weathering rising raw-material costs well enough to warrant ...

    http://www.scmp.com/article/634521/angang-loses-some-its-hard-edge-no1-steel-performer

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