Ningbo Jintian Copper(Group) Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 19, 2022 at 08:57 am EDT
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Ningbo Jintian Copper(Group) Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 21,419.97 million compared to CNY 15,699.39 million a year ago. Revenue was CNY 21,419.97 million compared to CNY 15,699.39 million a year ago. Net income was CNY 134.25 million compared to CNY 101.66 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.07 a year ago. Diluted earnings per share from continuing operations was CNY 0.09 compared to CNY 0.07 a year ago.
Ningbo Jintian Copper Group Co Ltd is a China-based company mainly engaged in non-ferrous metal processing business. The Company's main products include copper products and rare earth permanent magnet materials. Its copper products include copper rods, copper strips, copper tubes, copper wires (rows), cathode copper, valves, magnet wires and other products, and are committed to providing comprehensive copper solutions for the development of emerging industries such as 5G communications, new energy vehicles, rail transit, power Internet of Things, clean energy. The Company's rare earth permanent magnet products are used in wind power generation, new energy vehicles, high-efficiency and energy-saving motors, consumer electronics, medical equipment and other fields. The Company conducts business in the Chinese market and overseas markets.
NINGBO JINTIAN COPPER (GROUP) CO., LTD. 
