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Inner Mongolia Baotou Steel Union 2024 Profit Falls 49%, Revenue Slips 3.5%
2024 Annual Report of Baogang Co., Ltd.
Summary of the 2024 annual report of Baogang Co., Ltd.
Announcement of the main operating data of Baogang Co., Ltd. in 2024
Inner Mongolia BaoTou Steel Union (600010.SH): In 2024, Net income is 0.265 billion yuan, a year-on-year decrease of 48.64%.
On April 18, Gelonghui reported that Inner Mongolia BaoTou Steel Union (600010.SH) announced its 2024 annual report, which showed revenue of 68.089 billion yuan for the reporting period, a year-on-year decrease of 3.51%; net income attributable to shareholders of the listed company was 0.265 billion yuan, a year-on-year decrease of 48.64%; and the basic EPS was 0.0058 yuan. A cash dividend of 0.02 yuan (tax included) per 10 shares is proposed to be distributed to all shareholders.
Inner Mongolia BaoTou Steel Union (600010.SH): Obtained a letter of commitment for a specialized loan for Share Buyback from Financial Institutions.
On April 18th, GBH reported that Inner Mongolia BaoTou Steel Union (600010.SH) announced that the company recently received a "Loan Commitment Letter" issued by the Industrial And Commercial Bank Of China Inner Mongolia Autonomous Region Branch (hereinafter referred to as "ICBC"). ICBC committed to providing a share buyback loan not exceeding 0.18 billion yuan and not exceeding 90% of the funds required for the buyback, with a term not exceeding 3 years (the term can be adjusted under compliant conditions if regulatory policies change).
Investors in Inner Mongolia Baotou Steel Union (SHSE:600010) Have Unfortunately Lost 21% Over the Last Year
