Jinzhou Jixiang Molybdenum Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 29, 2021 at 12:49 pm EDT
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Jinzhou Jixiang Molybdenum Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 2,290.284 million compared to CNY 2,854.919 million a year ago. Operating loss was CNY 307.089 million compared to CNY 243.662 million a year ago. Net loss was CNY 262.791 million compared to CNY 225.614 million a year ago. Basic loss per share from continuing operations was CNY 0.48 compared to CNY 0.41 a year ago.
JINZHOU JIXIANG MOLYBDENUM CO., LTD, formerly JINZHOU NEW CHINA DRAGONMOLYBDENUM CO., LTD., is a China-based company principally engaged in the manufacture, processing and distribution of molybdenum series products. The Company's products mainly include roasted molybdenum concentrate, ferro-molybdenum, ammonium molybdate, pure molybdenum trioxide, molybdenum powder, molybdenum plates, molybdenum rods and molybdenum piercing mandrels. The Company's products are mainly applied in steel, petroleum, chemical engineering and others. The Company is also engaged in film and television (TV) business, including film business, TV series business and intellectual property (IP) business. The Company distributes its products within domestic markets and to overseas markets.