Hualing Iron and Steel has the highest annual loss of 2.7 billion yuan

NetEase Financial January 30 in the three quarterly results of the year's results in the annual performance tip of the large loss of hualing steel Friday again issued a notice, said 2010 annual losses will continue to expand, in the original expected loss of 1.8 billion yuan-2 billion yuan on the basis of the expansion of 700 million yuan, the year is expected to reach 2.5 billion yuan- The loss per share corresponds to 0.91 yuan-0.99 yuan.　　The company's annual profit of 2009 is 120 million yuan. The announcement said that the company's third-quarter report on the performance of the 2010 is attributable to the listed company shareholders net profit of 1.8 billion yuan to 2 billion yuan, its corresponding total corporate profits are expected to be 24. 500 million to 26. 500 million yuan. The company's 2010 expected total profit is still in the original forecast range. But after the initial communication with the company auditor, unable to accurately estimate the company holding subsidiary of Hunan Hualing Lianyuan Steel Co., Ltd. (hereinafter referred to as "Hua Ling Lian Steel") deferred income tax assets in the future can be reversed, The company intends to revert the deferred income tax assets, which are confirmed as of September 30, 2010, to 566.1029 million yuan. The company's third-quarter report in the performance of the forecast will be the last quarter of China-Ling Lian steel losses on the 200 million Yuan deferred income tax assets, is based on the principle of prudence not to mention. The two items, totalling $766.1029 million, affect the company's net profit decline by $766.1029 million.