Edition:
United States

Jiangsu Shagang Co Ltd (002075.SZ)

002075.SZ on Shenzhen Stock Exchange

16.12CNY
--
Change (% chg)

-- (--)
Prev Close
¥16.12
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
--
52-wk High
¥16.65
52-wk Low
¥15.91

Latest Key Developments (Source: Significant Developments)

Jiangsu Shagang sees FY 2017 net profit to up 115 pct to 160 pct
Tuesday, 24 Oct 2017 02:19am EDT 

Oct 24(Reuters) - Jiangsu Shagang Co Ltd <002075.SZ> ::Says net profit for FY 2017 to up 115 percent to 160 percent, or to be 473 million yuan to 572 million yuan.Says FY 2016 net profit was 220 million yuan .Says increased sales price as main reason for the forecast .  Full Article

Jiangsu Shagang plans to buy data centre assets for 25.8 bln yuan via cash, share issue
Wednesday, 14 Jun 2017 09:45pm EDT 

June 15 (Reuters) - Jiangsu Shagang Co Ltd <002075.SZ>:* Says it plans to buy stakes in two firms for 25.8 billion yuan via cash and share issue in order to own data centre assets, including stakes in Global Switch Holdings Ltd.* Says it aims to raise up to 200 million yuan in private placement of shares to fund the acquisition.  Full Article

Jiangsu Shagang sees FY 2017 H1 net profit to increase by 97.8 pct to 189 pct
Tuesday, 18 Apr 2017 03:58am EDT 

April 18(Reuters) - Jiangsu Shagang Co Ltd <002075.SZ> ::* Says net profit for FY 2017 H1 to increase by 97.8 percent to 189 percent, or to be 130 million yuan to 190 million yuan, compared to net profit of FY 2016 H1 (65.7 million yuan).* Says increased price of products and decreased costs of production as main reasons for the forecast.  Full Article

Jiangsu Shagang sees Q1 FY 2017 net profit up 2018 pct to 2640 pct
Tuesday, 28 Mar 2017 05:42am EDT 

Jiangsu Shagang Co Ltd <002075.SZ> : Sees Q1 FY 2017 net profit to increase by 2018 percent to 2640 percent, or to be 85 million yuan to 110 million yuan . Says Q1 FY 2016 net profit was 4.0 million yuan .The reasons for the forecast are increased steel price and optimized promotion strategy.  Full Article

Jiangsu Shagang says no payment for FY 2016 dividend
Tuesday, 28 Mar 2017 01:26am EDT 

Jiangsu Shagang Co., Ltd.<002075.SZ>:Says no payment for FY 2016 dividend.  Full Article

Jiangsu Shagang returns to net profit in 2016
Thursday, 23 Feb 2017 03:52am EST 

Jiangsu Shagang Co Ltd <002075.SZ> :Says preliminary 2016 net profit at 220.1 million yuan ($32.01 million) versus net loss of 80.6 million yuan year ago.  Full Article

Jiangsu Shagang to swing to net profit in 2016
Friday, 13 Jan 2017 03:59am EST 

Jiangsu Shagang Co Ltd <002075.SZ> :Says it sees 2016 net profit at 180-260 million yuan ($26.09-37.69 million) versus net loss at 80.6 million yuan year ago.  Full Article

Jiangsu Shagang amends 2016 Q1 to Q3 net profit outlook to 90~150 mln yuan
Tuesday, 11 Oct 2016 03:03am EDT 

Jiangsu Shagang Co., Ltd.<002075.SZ>: Sees net profit for 2016 Q1-Q3 to be 90 million yuan to 150 million yuan . Says in the previous outlook, the company expected the net profit for 2016 Q1-Q3 to be 70 million yuan to 100 million yuan .Says the net loss of 2015 Q1-Q3 was 72.9 million yuan.  Full Article

Jiangsu Shagang raises 2016 H1 net profit at 50-75 mln yuan
Monday, 11 Jul 2016 11:49pm EDT 

Jiangsu Shagang <002075.SZ> Co., Ltd.: Sees net profit for the H1 2016 to be 50 million yuan to 75 million yuan instead of 15 million to 25 million yuan .Says the net profit of the same period in 2015 was -62.9 million yuan.  Full Article

Jiangsu Shagang issues 2016 H1 net profit outlook
Thursday, 21 Apr 2016 08:00pm EDT 

Jiangsu Shagang Co Ltd:Sees net profit for 2016 H1 to be 15 mln yuan to 25 mln yuan.Says the net loss of 2015 H1 was 62,917,600 yuan.Comments that increase of steel sales price and decreased costs are the main reasons for the forecast.  Full Article

China's Jiangsu Shagang to be largest shareholder of Dongbei Special Steel

BEIJING, July 10 China's Jiangsu Shagang Co Ltd said on Monday it is expected to be the biggest shareholder of debt-strapped Dongbei Special Steel Group after a bankruptcy restructuring process.