[ferro-alloys.com] Near the intensive period of annual report, more and more listed companies seized the time to disclose their annual reports. According to statistics by reporters from Securities Daily based on the data of Oriental Wealth Choice, 27 listed steel mills have released forecast of annual report, of which three steel mills’ net profit are expected to increase slightly, two steel mills stop loss, 1 steel mill continues to loss, 1 steel mill continues to gain and all the remaining 20 steel mills are expected to increase their net profits. Hereby, Annual Reports of China's listed steel mills accounting for more than 90% of steel mills in China are good for now.  

From the condition of performance as a whole, 15 steel mills’ net profit exceed 1 billion Yuan, accounting for 55.56% of all steel mills who have released annual report forecast, and the other 12 steel mills that did not expect their net profit, the rest 8 steel mills expect their net profit that break one billion Yuan. In addition to good expected net profit, increase amplitude of net profit of 5 companies exceed 10 times year on year.

Baosteel expects net profits of near 20 billion Yuan. Bayi Steel expects its increase of net profit exceeding 30 times year on year. 

• [Editor:Wang Linyan]