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There May Be Reason For Hope In Fushun Special SteelLTD's (SHSE:600399) Disappointing Earnings
Is Fushun Special SteelLTD (SHSE:600399) A Risky Investment?
Fushun Special Steel: 2024 Annual Report
Fushun Special Steel: 2024 Annual Report Summary
Fushun Special Steel: 2024 Operating Data Announcement
Fushun Special Steel (600399.SH): Net income for 2024 is 0.112 billion yuan, a decrease of 69.18% year-on-year.
On April 11, Gelonghui reported that Fushun Special Steel (600399.SH) announced its annual report for 2024. In 2024, the company achieved a steel production of 0.6039 million tons, a year-on-year decrease of 10.91%; the output of steel products was 0.4405 million tons, a year-on-year decrease of 13.04%. Among these, the "three highs and one special" products amounted to 0.0868 million tons, a year-on-year increase of 14.25%. The company achieved revenue of 8.484 billion yuan, a year-on-year decrease of 1.06%; and net income of 0.112 billion yuan, a year-on-year decrease of 69.18%. A cash dividend of 0.018 yuan per share is proposed to be distributed to all shareholders.