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August 04, 2015 6:06 AM ET

Metals and Mining

Company Overview of Jiangsu Shagang Group Co., Ltd.

Company Overview

Jiangsu Shagang Group Co., Ltd. manufactures steel products. The company offers wide and heavy plates, hot-rolled coils, cold-rolled coils, wire rods, rebar products, rods and bars, steel strands, welded steel pipes, and special billets. It serves customers through its sales network in China and internationally. The company was founded in 1975 and is headquartered in Zhangjiagang, China.

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 2015.

Jiangsu Shagang Group Co., Ltd. Key Developments

Jiangsu Shagang Group Announces Revenue Results for the Year 2014 and First Quarter of 2015

Jiangsu Shagang Group announced revenue results for the year 2014 and first quarter of 2015. The company revealed operating revenue of CNY 10.308 billion in 2014, narrowing 4.44% from a year earlier. The figure reached CNY 1.805 billion in the first quarter of 2015, declining 26.88%.

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.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 25, 2015
Jiangsu Shagang Co. Ltd.
 

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To contact Jiangsu Shagang Group Co., Ltd., please visit www.sha-steel.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

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