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Nanjing Xinhua October 31 (Xinhua Pan Ye) Nanganggufen (600,282) 3 Quarterly Bulletin revealed that the company accumulated impairment of assets in the first three quarters reached 114 million, an increase of 1897.99%, performance fell significantly, mainly steel down, as well as iron ore, finished goods inventory due to provision for the decline in value. Experts say the disclosure of steel and other similar enterprises quarterly, reflecting the iron and steel industry entered a downturn trend.

Nanganggufen recently released quarterly in 2008 3 showed that rising costs and demand fell by a double squeeze, the company net profit for the third quarter of this year 118,207,480.85 yuan, down 12.56%; earnings per share of 0.070 yuan, down 12.56 %. But more prominent is the company’s third-quarter impairment loss of 140,861,154.85 yuan. Impairment of assets accumulated in the first three quarters reached 114 million, an increase of 1897.99%.

Nanganggufen securities on behalf of Zhang Shankang other relevant sources, not the Dragons a reduction in corporate profit margins appear, the entire steel industry is not optimistic about the situation. Nanganggufen first three quarters of substantial growth in operating income primarily due to production and sales in the first half of the growth and price increases, but in 2008 iron ore and coke prices rise, the company operating costs increased by 49.59% year on year. From June this year after the impact by the macroeconomic situation, the domestic steel prices plunge 40%. Although the original fuel prices have also fallen very sharply, but compared with the steel down a certain lag, makes the Dragons and other short-term stock steel prices is difficult to digest, resulting in Fukui.

steel industry analyst with Huatai Securities said Ma Keming, from the nation’s key iron and steel enterprises large and medium term financial statistics, 2008 1 Zhi August subsidy total profit of 128.844 billion yuan, slightly higher than same period last year increase compared with the past, high-growth, the domestic steel industry profits drastically reduced.

MA Keming further said that due to the escalating global economic crisis, the downstream demand for steel products is difficult short-term improvement in the current steel prices in the bottom of the shocks, there are signs of stability since a decrease was not much room, but from the beginning of this year in October, the domestic steel industry, comprehensive loss occurs. The entire steel industry is still in the high-cost, low-steel stage, the fourth quarter of this year, next year, a quarter earnings outlook is not optimistic.

龙的销售大幅下降的短期专家表示，很难拿起钢铁工业

新华社南京10月31日电（记者潘页）Nanganggufen（600282）3季报显示，该公司累计前三季度资产减值达到114亿元，1897.99％的增长，业绩显着下跌，主要是钢材下降，以及铁矿石，由于产成品存货的价值下降到规定。专家说，钢铁和其他同类企业披露季度，反映了钢铁工业进入了一个下滑的趋势。

Nanganggufen最近发布2008年第3季度表明，成本上升和需求下降的双重挤压，公司的纯利润为今年第三季度118,207,480.85元，下降12.56％，每股收益为0.070，同比下降12.56 ％。但更突出的是该公司第三季度的减值损失140,861,154.85元。在前三季度累计资产减值达到114亿元，1897.99％的增长。

Nanganggufen证券张Shankang其他有关来源的名义，而不是龙在企业利润出现下降，整个钢铁行业对情况并不乐观。 Nanganggufen前三个季度的营业收入主要是由于生产和增长和物价上涨上半年销售额大幅增长，但在2008年铁矿石和焦炭价格的上涨，该公司经营的49.59％，同比增长费用。从今年6月后，对宏观经济形势的影响，国内钢材价格大跌40％。尽管最初的燃料价格也大幅回落，但与降低某种滞后钢相比，使龙和其他短期股票钢材价格是难以消化，结果在福井。

钢华泰证券行业分析师说，从全国重点钢铁企业马克明，大和中期金融统计，2008年8月1志补助一千二百八十八万四千四点零零万元利润总额，略高于去年同期相比增加与过去的高增长，国内钢铁行业的利润大幅度减少。

马克明进一步表示，不断上升的全球经济危机造成的对钢铁产品的下游需求难以在短期内，在底部的冲击目前钢材价格的短期改善，有稳定的，因为减少的迹象房间不大，但是从今年10月开始，国内钢铁行业的，全面的损失发生。整个钢铁行业仍然在高成本，低钢阶段，今年第四季度，明年四分之一盈利前景并不乐观。