As of June 10, 1000 listed companies in the A-share market issued the 2012 interim results forecast. Among them, nearly 60% of the companies had pre-increase in performance. Among the pre-reduced companies, the highest drop in net profit of more than 170 companies will reach or exceed 50%.
The downturn in the steel market and the squeeze in profits have continued for more than two years. "Demand is sluggish, but production capacity continues to expand. The steel industry will also face a long winter." Zhao Zhenbei, an analyst at Treasure Island Steel, analyzed the newspaper's reporter.
Judging from the results disclosed in the 2011 annual report, the performance of chemical companies can be considered as eye-catching, but since the first quarter of this year, chemical companies have begun to encounter "Waterloo", not only a decline in the performance of more than half of companies, there are a number of companies turning profitable . Of the chemical companies that have announced their 2012 interim results, only 40% of their net profits have increased, and most have only slightly increased. Only a small percentage increase of over 50% has occurred.
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