Zhongyuan Special Steel Co., Ltd. issued the 2019 semi-annual results notice that the company expects to belong to the first half of the listed company shareholders net profit of 480 million yuan-580 million, compared with a loss of 45.5973 million yuan in the same period last year. According to the announcement, in the first half of 2019, the company completed the transfer of ownership of major asset groups, resulting in changes in performance.
In its statement of changes, the company said:
In the first half of 2019, the company completed the transfer of assets under the same control in the accounting standards for enterprises. Cofco Capital Investment Co., Ltd. and its subsidiaries were included in the consolidated statements of the company, resulting in changes in performance.
This performance forecast is the results of the company's preliminary estimates, specific financial data will be disclosed in detail in the 2019 semi-annual report, please pay attention to the risks of the majority of investors.
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