Ningbo Jintian Copper(Group) Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 21, 2021 at 04:51 am EDT
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Ningbo Jintian Copper(Group) Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 58,580.4 million compared to CNY 31,548.79 million a year ago. Revenue was CNY 58,580.4 million compared to CNY 31,548.79 million a year ago. Net income was CNY 542.03 million compared to CNY 360.22 million a year ago. Basic earnings per share from continuing operations was CNY 0.37 compared to CNY 0.27 a year ago. Diluted earnings per share from continuing operations was CNY 0.35 compared to CNY 0.27 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.