December 26, 2014 5:21 AM ET

Metals and Mining

Company Overview of Jiangsu Shagang Group Co., Ltd.

Company Overview

Jiangsu Shagang Group Co., Ltd. produces steel. It offers hot rolled strip coils; carbon steel wire rods, and rolled and cooled wire coils; hot-rolled and ribbed steel bars for ferroconcrete, carbon ribbed steel bars for concrete, and hot-rolled carbon structural steel round bars; and strip products, including cold forging steel, carbon steel, spring steel, bearing steel, automatic steel, and stainless steel. The company also provides slap products, such as structural carbon steel, low alloy structural steel, ship-building steel, normal structural steel, structural welding steel, hot-rolled low carbon steel, steel-tube steel, non-alloy hot-rolled structural steel, normal steel plate, steel-t...

Jinfeng Town

Zhangjiagang,  215625

China

Founded in 1975

Phone:

86 512 5856 8800

Fax:

86 512 5855 1627

Key Executives for Jiangsu Shagang Group Co., Ltd.

Chairman and President
Compensation as of Fiscal Year 2014.

Jiangsu Shagang Group Co., Ltd. Key Developments

Jiangsu Shagang Group Co., Ltd. Announces Earnings Results for the Nine Months of 2014; Provides Earnings Guidance for the Full Year of 2014

Jiangsu Shagang Group Co., Ltd. announced earnings results for the nine months of 2014. For the nine months, the company reported posts that it gained CNY 7.65 billion incomes, down 3.87% year on year; it made CNY 52.33 million net profits, up 251.04%, and recorded CNY 0.0332 earnings per share. The company states that operating profit hiked 432.92%. The company predicts that it would make CNY 53.60 million to CNY 62 million net profits in 2014, up 90% to 120% year on year.

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