Liuzhou Iron&Steel Co., Ltd Provides Earnings Guidance for the First Half of 2018
July 03, 2018
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Liuzhou Iron&Steel Co. Ltd. predicts an increase of between RMB 1,565 million and RMB 1,851 million in its net profit owned by shareholders of the listed company in the first half of 2018 compared with the same period of the year before, with a year-on-year increase between 395% and 467%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by between RMB 1,562 million and RMB 1,848 million.
Liuzhou Iron & Steel Co Ltd is a China-based company mainly engaged in the production, processing and sales of steel products. The Company's products include cold-rolled coils, galvanized coils, hot-rolled coils, medium and thick plates, ribbed steel bars, high-speed wire rods, round bars, medium-sized bars, and others. The Company's products are widely used in automobiles, home appliances, petrochemicals, machinery manufacturing, energy and transportation, ships, bridges, construction, metal products, nuclear power, electronic instruments, medical equipment, kitchenware and sanitary ware, construction and decoration and other industries. The Company's products are exported to many countries and regions such as Southeast Asia, the United States, Europe and Africa.
LIUZHOU IRON&STEEL CO., LTD 
