The forecast of 2019 half-year results released by Xinjiang Alloy Investment Co., Ltd. said that it is expected to lose 4 million yuan to 7 million yuan in the first half of 2019, compared with a loss of 9.191 million yuan in the same period last year, a loss ratio of 0.0104 yuan per share to 0.0182 yuan per share, and a loss of 0.0239 yuan per share in the same period last year.
In the performance change statement, the alloy investment mentioned:
1. During the reporting period, the company actively responded to market changes. By adjusting the product structure and sales strategy, the sales revenue of nickel-based alloy products increased, the gross profit margin increased compared with the same period last year, and the main business achieved a certain degree of loss compared with the same period last year. 2. The development of other businesses of the company is not as expected, and the performance of the company is still at a loss during the reporting period.
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