Gathering lean, high efficiency, and striving to take the lead, Maanshan Iron & Steel Co., Ltd.’s net profit will increase by 169% in 2021_Oriental Fortune Net

On the evening of March 9th,Maanshan Iron & Steel Co., Ltd.Release 2021performanceExpress. From January to December 2021, the company will realizeOperating income113.851 billion yuan, a year-on-year increase of 39.5%; attributable to listed companiesshareholderofnet profit5.332 billion yuan, a year-on-year increase of 168.89%.

The company said that in 2021, the company will focus on being lean and efficient, strive to be the first, pursue the ultimate efficiency and precise production, and further promote comprehensive benchmarking to find faults, and the overall production and operation performance will be good. The annual output of pig iron of the Company and its subsidiaries (the “Group”) was 18.23 million tons, representing a year-on-year decrease of 1.70%, mainly due to the overhaul of a 4,000-cubic-meter blast furnace of the Company from September 15 to December 9, 2021; crude steel output 20.97 million tons, the same year-on-year; steel output was 20.45 million tons, a year-on-year increase of 3.04%, a record high of the Group. At the same time, the company’s production efficiency and management efficiency have rapidly improved, and smart manufacturing and green development have reached a new level. (Meng Xiaohong)

(Article source: ShanghaisecuritiesNewspaper Chinasecuritiesnetwork)

Article source: Shanghai Securities News China Securities Network

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Original title: Gathering lean, efficient and cohesive, Maanshan Iron and Steel Co., Ltd. will increase its net profit by 169% in 2021