Baoji Titanium Industry Co., Ltd. Provides Earnings Guidance for the First Three Quarter of 2019
October 07, 2019
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Baoji Titanium Industry Co., Ltd. announced that preliminary statistics of its financial department, the company predicts that the net profit belonging to shareholders of the listed company in first three quarters of 2019 will be about RMB 169 million, with an increase of about RMB 72.18 million compared with the same period of the year before and with a year-on-year increase of about 74.56%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be about RMB 158 million, with an increase of about RMB 70.75 million compared with the same period of the year before and with a year-on-year increase of about 81.09%.
BaoJi Titanium Industry Co Ltd is a China-based company mainly engaged in the production, processing and sales of titanium and titanium alloys. The Company's main products are various specifications of titanium and titanium alloy plates, strips, foils, tubes, bars, wires, forgings, castings and other processed materials and various metal composite products. The titanium materials in its products are mainly used in aviation, aerospace, shipbuilding, petroleum, chemical metallurgy industry and other fields. The Company distributes its products in the domestic market and overseas markets.