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Xinjiang Ba Yi Iron & Steel Co Ltd (600581.SS)

600581.SS on Shanghai Stock Exchange

5.28CNY
21 Jun 2018
Change (% chg)

¥0.13 (+2.52%)
Prev Close
¥5.15
Open
¥5.22
Day's High
¥5.58
Day's Low
¥5.09
Volume
171,484,962
Avg. Vol
63,869,312
52-wk High
¥8.73
52-wk Low
¥4.18

Latest Key Developments (Source: Significant Developments)

Xinjiang Ba Yi Iron & Steel announces change in accounting policy
Tuesday, 13 Mar 2018 05:05am EDT 

March 13(Reuters) - Xinjiang Ba Yi Iron & Steel Co Ltd <600581.SS>:Says it changes accounting policy based on accounting standards for business enterprises.  Full Article

Xinjiang Ba Yi Iron & Steel to invest 3.36 bln yuan to set up steel mill subsidiary
Tuesday, 13 Mar 2018 05:04am EDT 

March 13(Reuters) - Xinjiang Ba Yi Iron & Steel Co Ltd <600581.SS>:Says it plans to invest 3.36 billion yuan to set up a wholly owned steel mill subsidiary in Xinjiang.  Full Article

Xinjiang Ba Yi Iron & Steel's 2017 Net Profit Up 3,047.9 Pct Y/Y At 1.2 Bln Yuan
Monday, 12 Mar 2018 03:40am EDT 

March 12 (Reuters) - Xinjiang Ba Yi Iron & Steel Co Ltd <600581.SS>::SAYS 2017 NET PROFIT UP 3,047.9 PERCENT Y/Y AT 1.2 BILLION YUAN ($189.69 million).  Full Article

Xinjiang Ba Yi Iron & Steel says unfreeze of shares
Thursday, 9 Nov 2017 09:31pm EST 

Nov 10 (Reuters) - Xinjiang Ba Yi Iron & Steel Co Ltd <600581.SS>:Says 3.8 million shares, or a 0.5 percent stake held by controlling shareholder, Xinjiang-based steel firm were unfrozen by people's court .  Full Article

Xinjiang Ba Yi Iron & Steel plans to buy assets from Bagang via asset swap, cash
Friday, 3 Nov 2017 07:22am EDT 

Nov 3 (Reuters) - Xinjiang Ba Yi Iron & Steel Co Ltd <600581.SS>:Says it plans to buy smelting, energy and logistics assets from Bagang via asset swap and cash.  Full Article

Xinjiang Ba Yi Iron & Steel swings to net profit in Jan-Sept
Monday, 23 Oct 2017 03:38am EDT 

Oct 23 (Reuters) - Xinjiang Ba Yi Iron & Steel Co Ltd <600581.SS>:Says 9-month net profit of 865.3 million yuan ($130.38 million) versus net loss of 551.8 million yuan year ago.  Full Article

Xinjiang Ba Yi Iron & Steel says result of lawsuit regarding construction contract disputes
Wednesday, 20 Sep 2017 02:58am EDT 

Sept 20 (Reuters) - Xinjiang Ba Yi Iron & Steel Co Ltd <600581.SS> ::* Says co received the first instance judgment of lawsuit filed by China MCC5 Group Co Ltd, regarding construction contract disputes.* According to the judgment, co was requested to pay project payment and related interest of 10.4 million yuan, as well as lawsuit fees.  Full Article

Xinjiang Ba Yi Iron & Steel to buy assets from Baowu's Xinjiang iron & steel operations
Wednesday, 13 Sep 2017 07:59am EDT 

Sept 13 (Reuters) - Xinjiang Ba Yi Iron & Steel Co Ltd <600581.SS>:Says it plans to buy assets from Baowu's Xinjiang iron & steel operations for about 4.3 billion yuan ($658.50 million) via cash, assets swap.  Full Article

Xinjiang Ba Yi Iron & Steel returns to black in H1 with net profit of 401.45 mln yuan
Friday, 25 Aug 2017 04:03am EDT 

Aug 25 (Reuters) - Xinjiang Ba Yi Iron & Steel Co Ltd <600581.SS>:Says it returns to net profit of 401.45 million yuan ($60.24 million) in H1 versus net loss of 313.80 million yuan year ago.  Full Article

Xinjiang Ba Yi Iron and Steel to return to net profit in Q1
Friday, 7 Apr 2017 03:45am EDT 

Xinjiang Ba Yi Iron And Steel Co Ltd <600581.SS> :Says it expects to return to net profit of 270 million yuan ($39.14 million) in Q1 versus net loss of 447.4 million yuan year ago.  Full Article