Brief: Xiwang Special Steel Expects FY Profit Attributable To Shareholders To Rise Over 150 Pct

Xiwang Special Steel Co

09/01/2018 04:00

Jan 9 (Reuters) - Xiwang Special Steel Co Ltd  1266.HK : 
    * FY PROFIT ATTRIBUTABLE TO SHAREHOLDERS EXPECTED TO 
INCREASE BY 
MORE THAN 150% 
    * PROFIT ATTRIBUTABLE FOR YEAR ENDED 31 DECEMBER EXPECTED TO 
INCREASE BY MORE THAN 150% 
    * INCREASE IN NET PROFIT DUE TO FACTORS SUCH AS, PERSISTENT 
RISE 
IN STEEL PRICE, GROWTH IN REVENUE 
    * FY SALES VOLUME OF SELF-MANUFACTURED STEEL PRODUCTS 3.0 
MILLION 
TONNES 
    * FY  CONSOLIDATED NET PROFIT ATTRIBUTABLE 840 MILLION RMB 
 
Source text for Eikon:  ID:nHKS2vg1V2  
Further company coverage:  1266.HK  
 
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