Qinghai Jinrui Mineral Development Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2021
August 26, 2021 at 05:05 am EDT
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Qinghai Jinrui Mineral Development Co. Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced total revenue was CNY 140.382 million compared to CNY 62.003 million a year ago. Operating income was CNY 24.906 million compared to operating loss of CNY 69,846.84 a year ago. Net income was CNY 20.883 million compared to net loss of CNY 412,631.82 a year ago. Basic earnings per share from continuing operations was CNY 0.072 compared to basic loss per share from continuing operations of CNY 0.001 a year ago.
Qinghai Jinrui Mining Development Co Ltd is a China-based company mainly engaged in the production and sales of strontium salt series products. The Company's main products include strontium carbonate, including industrial grade strontium carbonate and electronic grade strontium carbonate, metallic strontium, aluminum strontium alloy, strontium nitrate, strontium hydroxide and by-products sulfur and sodium sulfite. The Company's products are mainly used in the manufacturing of liquid crystal glass, magnetic materials, electronic ceramics, metal smelting, fireworks and other deep processing of strontium salts, electronics, metallurgy, chemical industry, aviation, automobile, motorcycle and new energy industries. The Company mainly conducts its businesses in domestic and overseas markets.