Anyang Iron and Steel (600569) announced the annual report of 2012, the company has appeared the first loss since its establishment, the net profit attributabled to shareholders of listed companies last year had a loss of 3.498 billion yuan.

Anyang Iron and Steel said, during the reporting period, the global economy remains in the continuous doldrums, the domestic economic slowdowns in growth, the steel industry appears a massive of losses, and the company is also facing an unprecedented crisis and tests. Domestic steel market remains in the continuous doldrums, the company achieved the operating income of 20.951 billion yuan during the reporting period, down 29.62% year on year; Influenced by the situation that steel sales price’s decline is greater than that of the cost, a substantial decline in operating margin and the net profit of -34.98 million, the company has appeared the first loss since its establishment .Basic earnings per share of -1.461 yuan.

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