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Angang Steel Co Ltd (0347.HK)

0347.HK on Hong Kong Stock

6.01HKD
18 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Angang Steel Co and Angang Energy Conservation sign energy management contracts
Tuesday, 25 Jul 2017 07:17am EDT 

July 25 (Reuters) - Angang Steel Co Ltd <000898.SZ>:Company and angang energy conservation entered into 2017 energy management contracts.Contract in relation to implementation of energy conservation projects through contract energy management.Co is expected to pay angang energy conservation sharing net energy saving revenue of about RMB219.4 million in duration of contracts.Estimated total construction cost to be incurred by angang energy conservation is about RMB125.3 million for projects.  Full Article

Angang Steel expects H1 net profit to rise to 1.8 bln yuan
Thursday, 13 Jul 2017 04:26am EDT 

July 13 (Reuters) - Angang Steel Co Ltd <000898.SZ>0347.HK:Says it expects H1 net profit to rise to 1.8 billion yuan ($265.46 million) from 300 million yuan year ago.  Full Article

Angang Steel says dividend payment date on June 30
Friday, 23 Jun 2017 05:04am EDT 

June 23(Reuters) - Angang Steel Co Ltd <000898.SZ>:Says it will pay cash dividend of 0.67 yuan per 10 shares (before tax) for FY 2016 to shareholders of record on June 29.The company's shares will be traded ex-right and ex-dividend on June 30 and the dividend will be paid on June 30.  Full Article

Angang Steel returns to net profit of 1.1 bln yuan in Q1
Friday, 28 Apr 2017 06:08am EDT 

April 28 (Reuters) - Angang Steel Co Ltd <000898.SZ>0347.HK:Says Q1 returns to net profit of 1.1 billion yuan ($159.54 million).  Full Article

Angang steel co expects to record an increase in net profit attributable to shareholders for three months ended 31 march 2017
Thursday, 13 Apr 2017 10:27am EDT 

Angang steel co ltd <0347.HK>: . Expecting to record an increase in net profit attributable to shareholders of company for three months ended 31 march 2017 . Expected results as in q1 2017, company appropriately capitalized on favourable opportunities arising from steel market .Company is expected to record net profit attributable to shareholders of co of rmb1,070 million, representing an increase of rmb1,685 million.  Full Article

Angang Steel expects to return to net profit in Q1
Thursday, 13 Apr 2017 04:45am EDT 

Angang Steel Co Ltd <0347.HK><000898.SZ> :Says it expects Q1 to return to net profit of about 1.1 billion yuan ($159.79 million) versus net loss of 615.0 million yuan year ago.  Full Article

Angang Steel returns to profitability in 2016 with net profit of 1.6 bln yuan
Tuesday, 28 Mar 2017 08:41am EDT 

Angang Steel Co Ltd <0347.HK><0347.HK> :Says it returns to net profit of 1.6 billion yuan ($232.55 million).  Full Article

Angang Steel co entered into assets transfer agreement with Angang Holding
Thursday, 29 Dec 2016 09:05am EST 

Angang Steel Co Ltd <000898.SZ> : Entered into assets transfer agreement with Angang Holding . Consideration for disposal pursuant to assets transfer agreement is rmb126.6 million . Deal to transfer to Angang Holding 'assets' .Assets relating to co's electroslag remelting project, substation number 28 transformation project and large grinders project.  Full Article

Angang Steel Co ananounces proposed issue of domestic medium term notes
Wednesday, 21 Dec 2016 03:45am EST 

Angang Steel Co Ltd <000898.SZ> : Proposed Issue Of Domestic Medium Term Notes Size of issue is, registered amount not exceeding rmb4 billion . Co will use proceeds to replenish working capital and to repay debts .Approved proposal in respect of issue of domestic medium term notes in prc inter-bank bond market.  Full Article

Angang Steel's Q3 net profit up 164.9 pct
Wednesday, 26 Oct 2016 05:07am EDT 

Angang Steel Co Ltd <000898.SZ><0347.HK> :Says Q3 net profit up 164.9 percent y/y.  Full Article