Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / Zhongfu Industrial Expects to Reverse Loss in 2014 on Falling Power Cost

Zhongfu Industrial Expects to Reverse Loss in 2014 on Falling Power Cost

Feb 11, 2015 15:02

Source:SMM

Henan Zhongfu Industrial Co. expects to reverse losses in 2014 by posting 15-45 million yuan ($2-7 million) in net profit attributable to shareholders of its listed company.

SHANGHAI, Feb. 11 (SMM) – Henan Zhongfu Industrial Co. expects to reverse losses in 2014 by posting 15-45 million yuan ($2-7 million) in net profit attributable to shareholders of its listed company, it said in a statement filed to the Shenzhen Stock Exchange.

The company attributes the expected profit to falling power costs and government subsidy for closure of outdated power generating units.

It suffered a net loss of 848.64 million yuan in 2013, it added.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

Henan Zhongfu Industrial Co.

2014 FY results

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

Higher Zinc Prices Contribute to 224% Climb in NFC's 2014 Profit

China Nonferrous Metal Industry’s Foreign Engineering and Construction Co. registered a 224% spike in net profit to 266 million yuan ($43 million) last year, the company said in a statement.

time

Apr 15, 2015 11:33

Yuguang Gold & Lead Returns to Profitability in 2014; New Operations Contribute

Henan Yuguang Gold & Lead Co. broke into the black in 2014 by registering a net profit of 23.4 million yuan ($3.8 million), the company’s annual report shows.

time

Apr 9, 2015 15:10

Zhongjin Lingnan’s 2014 Profit Grows to 470 Mln yuan as Zinc Prices Rise

Shenzhen Zhongjin Lingnan Nonfemet Co. registered a net profit of 470 million yuan in the 2014 fiscal year, up from 2013’s 391 million yuan, the company’s annual report says.

time

Apr 8, 2015 18:05

Zhuzhou Smelter Posts 72% Rise in 2014 Profit thanks to Higher Zinc and Indium Prices

China’s Zhuzhou Smelter Group Co. created 39.8 million yuan of profit in 2014 fiscal year, a spike of 71.58% from 2013, with higher zinc and indium prices contributing the most.

time

Apr 3, 2015 16:56

Jiangxi Copper Net Profit Falls 20.04% in 2014 on Lower Copper Prices

Jiangxi Copper Company Limited (JCC), China’s top copper producer, posted a 20.04% year-on-year fall in its net profit to 2.8 billion yuan () in 2014.

time

Mar 26, 2015 12:08

Xinjiang Xinxin Mining Posts 300% Spike in 2014 Revenue as Nickel Sales Surge

Xinjiang Xinxin Mining Industry Co. expects its operating revenue to grow some 300% in the 2014 fiscal year, bringing the company back to profitability.

time

Mar 5, 2015 16:34

Minfa Aluminum Net Profit Falls 23.03% in 2014 on Cooling Property Market

Fujian Minfa Aluminum Inc. posted a 23.03% fall in net profits attributable to shareholders of its listed company to 35.48 million yuan ($5.76 million).

time

Feb 25, 2015 10:55

Zijin Mining Posts a 10.36% Profit Growth in 2014 despite Falling Metal Prices

Zijin Mining Group registered a 10.36% rise in net profits in the 2014 fiscal year, it said in the annual report.

time

Feb 17, 2015 10:23

Xiamen Tungsten’s 2014 Profit Down 3.8% on Lower Tungsten Prices, Weak Rare Earth Market

Xiamen Tungsten Co.’s net profit dropped 3.8% in 2014 due to lower prices for tungsten and continued sluggishness in rare earth market.

time

Feb 13, 2015 10:12

Ye Chiu China Sees 40-60% Fall in 2014 Net Profit on Lower Aluminum Price

Ye Chiu Metal Recycling (China) Ltd. anticipates a 40-60% fall in its net profit for the full year of 2014, citing falling aluminum prices in China and overseas.

time

Feb 11, 2015 15:17

SMM Events & Webinars

Oct
14
- SMM LME Metals Seminar 2025
  Oct 14 - 14,2025
  Emmanuel Centre，London , the United Kingdom
Oct
20
- Li-ION BATTERY China
  Oct 20 - 21,2025
  Xiamen, China
Oct
20
- APAC (10th) Ni-Cr-Mn Stainless Steel & New Energy Conference 2025
  Oct 20 - 21,2025
  Xiamen, China

MOST POPULAR

1.China Lithium Market Dynamics and Lithium Procurement Study

2.Battery Recycling Technology Understanding

3.Solid State Battery Market

4. China Scrap Steel Quality Analysis

5.China Scrap Steel Cost Curve

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.