Jinzhou Jixiang Molybdenum Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 30, 2021 at 12:33 pm EDT
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Jinzhou Jixiang Molybdenum Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 1,806.458 million compared to CNY 1,077.519 million a year ago. Operating income was CNY 8.566 million compared to operating loss of CNY 156.286 million a year ago. Net income was CNY 4.733 million compared to net loss of CNY 120.956 million a year ago. Basic earnings per share from continuing operations was CNY 0.01 compared to basic loss per share from continuing operations of CNY 0.22 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.