Baogang shares estimated net profit of 150 million-250 million

NetEase Finance January 20, said the company's shares in the evening issued a notice that the companies are expected to achieve the 2010 annual net profit attributable to the parent company of about 150 million to 250 million yuan, will achieve a profit of about 0.02 to 0.04 yuan per share.　　Baogang shares said that in 2010, the company carried out a comprehensive management, to reduce the efficiency of the work as the main line, the scientific implementation of performance assessment, business performance has been significantly improved. In addition, the company also increased structural adjustment, according to the product profitability of fine scheduling, improve the flexibility and effectiveness of production organizations.　　In particular, the construction of China's high-speed railway network led to increased consumption of railway steel, the full use of products and technical advantages for the company to provide sustained profit growth.　　In 2009, the net profit loss of the shareholders of Baotou Steel company was 1.631 billion yuan, and the earnings per share was 0.25 yuan. As of January 20 closed, Baotou Steel shares reported 3.62 Yuan, down 2.95%.