NetEase Financial October 10 News Baosteel shares announced late 2010 years before the three quarterly results of the announcement. The company estimates that the net profit attributable to the parent company in the first three quarters of 2010 is up 170% to 190%, better than the forecast. Net profit was 3.705 billion yuan in the same period last year. Previously, Baosteel AG has disclosed in its semi-annual report that "the cumulative net profit attributable to shareholders of listed companies at the end of the year to the end of the next reporting period is expected to increase by 140% to 160% per cent compared with the same period a year earlier." Baosteel shares said that the main reason for the change in performance forecasts is that the steel market situation is good, sales prices higher than the original forecast, in addition to the appreciation of the renminbi to produce a certain exchange gains. Positive impact, Baosteel shares rose 4.71% today, a deal of 800 million yuan. Turnover significantly enlarged.
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