Qinghai Jinrui Mineral Development Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 22, 2021 at 06:07 am EDT
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Qinghai Jinrui Mineral Development Co., Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 241.67 million compared to CNY 112.93 million a year ago. Revenue was CNY 241.67 million compared to CNY 112.93 million a year ago. Net income was CNY 51.25 million compared to CNY 0.370329 million a year ago. Basic earnings per share from continuing operations was CNY 0.178 compared to CNY 0.001 a year ago. Diluted earnings per share from continuing operations was CNY 0.178 compared to 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.