Sinosteel Luoyang Institute of Refractories Research Co., Ltd.

43# Xiyuan Road, Jianxi District, Luoyang, Henan, 471039, China

2018 (till May) INCOME STATEMENT

Sinosteel Luoyang Institute of Refractories Research Co.,
May-18 unit:RMB(Yuan)
Ltd
current month current year cumulative Same period last
Item No.
amount amount year
Ⅰ.Total sales from operations 1 38323797.53 270233869.9 221865708.4
Including: sales from operations 2 38323797.53 270233869.9 221865708.4
Ⅱ.Total operating costs 3 37647119.93 269233264.8 224229251.2
Including:operating costs 4 27373267.24 225275010.4 187482053.2
Tax and additions 5 510734.11 2552346.01 2278412.42
Selling expenses 6 4388623.08 15576846.07 16277984.74
General and administrative expense 7 3252790.91 16264904.28 14296119.29
Including: research and development costs 8 0 0 469845.48
Financial expense 9 2121704.59 9564158.09 3894681.57
Including:interest expenses 10 1440166.66 7315292.02 3935560.53
Interest income 11 5916.8 215990.42 75416.85
Net exchange losses(net income expressed with "-") 12 105328.86 1801375.37 -220787.88
Impairment loss on assets 13 0 0 0
Other 14 0 0
Plus:gain or loss from changes in fair values(loss expressed
15 0 0 0
with "-")
Investment income(loss expressed with "-") 16 0 0 0
Including:investment income from joint ventures and
17 0 0
affiliates
Income from disposal of assets(loss expressed with "-") 18 0 0 0
Including:the disposal is divided into the proceeds of
19 0 0 0
holding the non-current assets for sale or the disposal group
Disposal of fixed assets, construction in progress, productive
biological assets and intangible assets that are not classified as 20 0 0 0
held for sale
Income from debt restructuring 21 0 0 0
Non-monetary asset exchange profits 22 0 0 0
 Other income 23 0 0
Ⅲ.Operating profit 24 676677.6 1000605.04 -2363542.83
Plus:non-operating income 25 0 833806.5 3003293.75
Including:government subsidies 26 0 0 3000000
Less: non-operating expenses 27 0 9000 31500
Ⅳ.Income before tax(total loss expressed with "-") 28 676677.6 1825411.54 608250.92
Less:income tax 29 119936.13 469946.95 521952.46
Ⅴ.Net income 30 556741.47 1355464.59 86298.46
Net income attributed to shareholders 31 864744.24 -406303.87 -1809201.49
*Minority interests 32 -308002.77 1761768.46 1895499.95

Ⅵ.Net of tax from other comprehensive income 33 0 0

34 0 0
1.Other comprehensive income cannot reclassified into the pr
ofit  Including:
and loss ① .Remeasure the variation of net indebtedness
35 0 0
or net asset of defined benefit plans
② .Under the equity method in classification into the profits
and losses of the invested entity cannot the share of other 36 0 0
comprehensive income
2.Other comprehensive income that will be reclassified into the
37 0 0
profit and loss
Including: ①.share in other comprehensive income that will
38 0 0
be classified into profit and loss under equity method
②.Changes in fair value through profit and loss of available-
39 0 0
for-sale financial assets
③.Held to maturity investment reclassified into available-for
40 0 0
sale financial assets
④.Effective part of cash-flow hedge profit and loss 41 0 0

⑤ .Balance arising from the translation of foreign currency

42 0 0
financial statements
Ⅶ.Total comprehensive income 43 556741.47 1355464.59 86298.46
Total comprehensive income attributed to parent company
44 864744.24 -406303.87 -1809201.49
owners
*Total comprehensive income attributed to minority 45 -308002.77 1761768.46 1895499.95
Ⅷ.Earnings per share 46 0 0 0
Basic EPS 47 0 0 0
Diluted EPS 48 0 0 0