Jinzhou Jixiang Molybdenum Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 30, 2020 at 06:05 am EDT
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Jinzhou Jixiang Molybdenum Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,653.575 million compared to CNY 2,140.473 million a year ago. Operating loss was CNY 190.670 million compared to CNY 43.730 million a year ago. Net loss was CNY 150.268 million compared to CNY 33.498 million a year ago. Basic loss per share from continuing operations was CNY 0.28 compared to CNY 0.06 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.