Baoji Titanium Industry Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 19, 2020 at 04:05 am EDT
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Baoji Titanium Industry Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 4,187.620 million compared to CNY 3,410.193 million a year ago. Operating income was CNY 316.478 million compared to CNY 200.459 million a year ago. Net income was CNY 240.010 million compared to CNY 141.092 million a year ago. Basic earnings per share from continuing operations was CNY 0.5578 compared to CNY 0.3279 a year ago.
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.
BAOJI TITANIUM INDUSTRY CO., LTD. 
