Your email has been successfully added to our mailing list.

×
0.000389863547758207 -0.000389863547758346 -0.002729044834308 -0.00350877192982456 -0.0105263157894737 -0.0124756335282651 -0.019103313840156 -0.016374269005848
Stock impact report

China's Baosteel posts first quarterly profit drop since 2015 [Reuters]

VALE S.A. American Depositary Shares Each Representing one common share (VALE) 
Last vale s.a. american depositary shares each representing one common share earnings: 4/29 04:02 pm Check Earnings Report
US:NYSE Investor Relations: vale.com/en/investors/pages/default.aspx
Company Research Source: Reuters
China's Baosteel posts first quarterly profit drop since 2015 - Reuters 2 Min Read BEIJING (Reuters) - China’s Baoshan Iron and Steel Co Ltd (Baosteel) posted a net 45.7 percent drop in profit in the first quarter from a year ago, its first negative growth since 2015, as higher raw material prices and weak auto demand crimped profitability. The country’s largest listed steel maker reported a net profit of 2.73 billion yuan ($406.21 million) in the first three months of 2019, a statement filed to Shanghai Stock Exchange showed on late on Wednesday. That compared to 5.02 billion yuan of net income in the same period in 2018. Revenue in the first quarter fell 3.1 percent from a year ago to 65.38 billion yuan, the company said. “Demand from auto market was weak in the first quarter ... Meanwhile iron ore prices hiked 15.5 percent from the prior quarter, which narrowed profit margins,” Baosteel said. Rising iron ore prices was fueled by concerns over tight supply following a tailings dam b Show less Read more
Impact Snapshot
Event Time:
VALE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for VALE alerts
Opt-in for
VALE alerts

from News Quantified
Opt-in for
VALE alerts

from News Quantified