Wisco stake in first-half net profit has increased 2.4 times buck the trend

Although the steel industry in the winter period, but wuhan in the first half of the shares or surrendered a surge in sales report to the company, according to the report released today in the first half of the company business income is 44.398 billion yuan, compared with 6" sch80 galvanized carbon steel pipe the flat, but net profit attributable to shareholders of listed companies of 461 million yuan, 135 million yuan, with the same period last year rose 241.32%.

The relevant person in charge of the company to the China securities network reporter said that the growth of the company in the first half performance, have a small base last year, more important is the top in the face of tough market conditions, on the production and operation ANSI B16.9 A234 WPB 180 Deg Elbow in a timely manner to take the "extension market, adjust structure, high quality, low cost, full of objective measures, the company overcome various difficulties, efforts to promote each work mission, maintain the healthy and orderly production and operation.

The controller introduces, at the end of may, since the company add pressure, contrarian increases profit target, started the "decisive battle in the 678 s, stick to main land, realize the goal of the new" battle, 61 issued six aspects measures of battle. The leading cadre 45 degree short radius pipe fitting elbows to take the lead "JunLingZhuang", give up the holidays to rest, to "the problem puzzled, the task is not complete without a rest from work never" attitude, vigorously promotes the implement effect is remarkable, in the first half of the company's high speed heavy rail, cord, orientation of high strength steel, silicon steel, cold rolled deep drawing home appliance panels of strategy, such as varieties of sales growth, become the main factors of earnings growth.

In the first half of this year, a further slowdown in domestic economic growth, coupled with the power of the government to adjust the industrial structure is to increase, the steel industry is one of the most obvious industry overcapacity, the contradiction between supply and demand is intensified. At the same time, the original fuel prices and weak in high steel prices is constantly squeezing profit margins, iron and steel enterprise makes the steel industry in the industry enterprise management difficult situation.