Baoji Titanium Industry Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 16, 2019 at 05:11 am EDT
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Baoji Titanium Industry Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 3,205.499 million compared to CNY 2,577.337 million a year ago. Operating income was CNY 231.304 million compared to CNY 129.607 million a year ago. Net income was CNY 170.077 million compared to CNY 96.815 million a year ago. Basic earnings per share from continuing operations was CNY 0.3953 compared to CNY 0.225 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.