BGRIMM Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 22, 2021 at 05:00 am EDT
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BGRIMM Technology Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 546.040 million compared to CNY 498.539 million a year ago. Operating income was CNY 56.629 million compared to CNY 54.068 million a year ago. Net income was CNY 47.376 million compared to CNY 45.420 million a year ago. Basic earnings per share from continuing operations was CNY 0.31 compared to CNY 0.3 a year ago.
BGRIMM Technology Co Ltd is a company engaged in the research and development (R&D), production, sales and service of mining and metallurgical equipment and magnetic materials. The mining and metallurgical equipment mainly includes flotation equipment, magnetic separation equipment, grinding equipment, mixing tank, beneficiation auxiliary equipment, automatic zinc stripping unit, metallurgical leaching tank, environmental protection equipment and others. The magnetic material products include sintered permanent magnet ferrite, bonded permanent magnet ferrite, injection molding magnet, rubber magnet, magnetic recording material, rare earth permanent magnet and other magnetic materials, permanent magnet parts and others. The Company's products are mainly sold to East and South China, Europe, the United States, Japan, Hong Kong, Taiwan and other regions.
BGRIMM TECHNOLOGY CO., LTD. 
