Sino-Platinum Metals Co.,Ltd reported earnings results for the nine months ended September 30, 2024. For the nine months, the company reported sales was CNY 36,967.78 million compared to CNY 35,084.01 million a year ago. Revenue was CNY 36,967.78 million compared to CNY 35,084.01 million a year ago.
Net income was CNY 445.28 million compared to CNY 401.31 million a year ago. Basic earnings per share from continuing operations was CNY 0.59 compared to CNY 0.53 a year ago. Diluted earnings per share from continuing operations was CNY 0.59 compared to CNY 0.53 a year ago.
Sino Platinum Metals Co Ltd is a China-based company principally engaged in the research, development and production of precious metals and precious metal new materials. The Company operates three businesses. The precious metal new materials manufacturing business mainly offers special powder materials, sensor materials, brazing materials, precious metal precision alloys and precious metal tubes and bars. The precious metal resource recycling business mainly recycles and utilizes gold, silver, platinum, palladium and rhodium in waste materials. The precious metal supply service business includes precious metal physical transactions, import and export and re-export trade, financial derivatives transactions and their structured trade, as well as precious metal capitalization and securitization transactions. The Company mainly conducts business in the Chinese market.
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