On the evening of January 17, Jiangsu Shagang Co.Ltd(002075) released the performance forecast for 2021. The announcement shows that the company expects to realize a net profit of 900 million yuan to 1.215 billion yuan attributable to the shareholders of the listed company in 2021, an increase of 38.56% to 87.06% over the same period of the previous year; It is expected to realize a net profit of 740 million yuan to 1.055 billion yuan after deducting non recurring profits and losses, an increase of 136.80% to 195.03% over the same period of the previous year.
Jiangsu Shagang Co.Ltd(002075) said that in 2021, the overall operation of the iron and steel industry was good. The company seized the market opportunity, actively responded to the “dual control” policy of energy and the requirements of power and production restriction, and orderly organized and carried out production and operation activities. At the same time, we continued to tap the potential of cost reduction, optimized marketing strategies, improved service quality, continued to improve production and operation, and realized a significant increase in net profit attributable to the parent company over the same period of last year.
