Edition:
United Kingdom

Income Statements: Maanshan Iron & Steel Co Ltd (0323.HK)

0323.HK on Hong Kong Stock

3.50HKD
14 Jun 2019
Change (% chg)

HK$0.01 (+0.29%)
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HK$3.49
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Volume
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Avg. Vol
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Interim Income Statement
View: AnnualInterim

In Millions ofRenminbi
(except for per share items)
2019
2019-03-31
Period Length
3 Months
Revenue 17,717.4
Other Revenue, Total --
Total Revenue 17,717.4
Cost of Revenue, Total 16,881.9
Gross Profit 835.5
Selling/General/Admin. Expenses, Total 595.6
Research & Development 136.8
Depreciation/Amortization --
Interest Expense, Net - Operating 138.1
Interest/Investment Income - Operating (171.6)
Interest Expense(Income) - Net Operating --
Unusual Expense (Income) 0.6
Other Operating Expenses, Total (11.6)
Total Operating Expense 17,569.8
Operating Income 147.7
Interest Expense, Net Non-Operating --
Interest/Invest Income - Non-Operating --
Interest Income(Exp), Net Non-Operating --
Gain (Loss) on Sale of Assets --
Other, Net 96.7
Net Income Before Taxes 244.3
Provision for Income Taxes 75.8
Net Income After Taxes 168.5
Minority Interest (84.8)
Equity In Affiliates --
U.S. GAAP Adjustment --
Net Income Before Extra. Items 83.7
Accounting Change --
Discontinued Operations --
Extraordinary Item --
Tax on Extraordinary Items --
Net Income 83.7
Preferred Dividends --
General Partners' Distributions --
Miscellaneous Earnings Adjustment --
Pro Forma Adjustment --
Interest Adjustment - Primary EPS --
Income Available to Com Excl ExtraOrd 83.7
Income Available to Com Incl ExtraOrd 83.7
Basic Weighted Average Shares 7,700.68
Basic EPS Excluding Extraordinary Items 0.011
Basic EPS Including Extraordinary Items 0.011
Dilution Adjustment --
Diluted Weighted Average Shares 7,700.68
Diluted EPS Excluding ExtraOrd Items 0.011
Diluted EPS Including ExtraOrd Items 0.011
DPS - Common Stock Primary Issue 0.000
Gross Dividends - Common Stock 0.0
Total Special Items 0.6
Normalized Income Before Taxes 244.9
Effect of Special Items on Income Taxes 0.2
Inc Tax Ex Impact of Sp Items 76.0
Normalized Income After Taxes 168.9
Normalized Inc. Avail to Com. 84.1
Basic Normalized EPS 0.011
Diluted Normalized EPS 0.011

UPDATE 1-China Baowu Steel to take majority stake in rival Magang

SHANGHAI, June 2 China Baowu Steel Group, the world's second-largest steel producer, will acquire a majority stake in rival Magang Group Holding Co Ltd as China pushes for consolidation in its steel industry.