Sino-Platinum Metals Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 03:45 am EDT
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Sino-Platinum Metals Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 5,066.047 million compared to CNY 4,950.147 million a year ago. Operating income was CNY 170.384 million compared to CNY 45.902 million a year ago. Net income was CNY 135.306 million compared to CNY 32.341 million a year ago. Basic earnings per share from continuing operations was CNY 0.31 compared to CNY 0.1 a year ago.
Yunnan Precious Metal New Materials Holding Group Co Ltd is a China-based company principally engaged in the research and development, processing, production and sales of precious metal materials. The Company's main products include precious metal special functional materials, precious metal environmental protection and catalytic functional materials, precious metal renewable materials and precious metal information functional materials. Its products are mainly used in automotive, electronic information, defense, new energy, petroleum, bio-medicine, building material, environmental protection and other industries.