Home > Steel News > Latest Steel News > Chongqing...

Chongqing Steel’s net profit falls by 86 percent in 2009

Friday, 23 April 2010 12:37:11 (GMT+3)   |  

According to its 2009 annual report, Chinese steelmaker Chongqing Iron and Steel recorded a net profit of RMB 84.029 million ($12.32 million) for the year in question, down 85.96 percent year on year, while earnings per share came to RMB 0.05 ($0.007) compared to RMB 0.35 ($0.051) in 2008. Annual sales revenue in 2009 came to RMB 10.654 billion ($1.562 billion), down 35.5 percent year on year.

In 2009, the company produced 1,349,700 mt of coke, 2,941,900 mt of pig iron, 3,220,400 mt of crude steel and 3,000,700 mt of finished steel. Coke, crude steel and finished steel registered year-on-year decreases of 1.27 percent, 4.09 percent and 6.59 percent respectively, while the pig iron output increased by 0.57 percent year on year.


Similar articles

Ansteel’s net profit up 10.69 percent in 2020

01 Apr | Steel News

Valin Steel’s net profit up 46% in 2020, steel output up 10%

01 Apr | Steel News

Shandong Steel’s net profit up 24.8 percent in 2020

31 Mar | Steel News

Nanjing Steel’s net profit increases by 9.2 percent in 2020

30 Mar | Steel News

Masteel’s net profit up 75.74% in 2020, crude steel output up 5.7%

30 Mar | Steel News

Baosteel’s net profit down 12.86% in Jan-Sept, crude steel output down 3.85%

30 Oct | Steel News

Shandong Iron and Steel’s net profit down, output up 27.37% in H1

28 Aug | Steel News

Shagang sees significant decline in net profit in H1

30 Aug | Steel News

Xining Special Steel sees 74.87 percent fall in net profit in H1

03 Sep | Steel News

Baogang Group achieves net profit of RMB 1.76 billion in H1

08 Aug | Steel News

Marketplace Offers

Steelmaking Pig Iron
Dimensions:  0 mm
ZISCO TRADING
Steelmaking Pig Iron
Dimensions:  0 mm
STAR GLOBAL LLC.