Bgrimm Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 14, 2020 at 04:51 am EDT
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BGRIMM Technology Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 254.045 million compared to CNY 250.288 million a year ago. Operating income was CNY 24.618 million compared to CNY 29.168 million a year ago. Net income was CNY 19.200 million compared to CNY 22.223 million a year ago. Basic earnings per share from continuing operations was CNY 0.1258 compared to CNY 0.1436 a year ago. Diluted earnings per share from continuing operations was CNY 0.1237 compared to CNY 0.1436 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. 
