Baoji Titanium Industry Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 08, 2021 at 03:51 am EDT
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Baoji Titanium Industry Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 4,337.699 million compared to CNY 4,187.620 million a year ago. Operating income was CNY 473.562 million compared to CNY 316.478 million a year ago. Net income was CNY 362.656 million compared to CNY 240.010 million a year ago. Basic earnings per share from continuing operations was CNY 0.8429 compared to CNY 0.5578 a year ago.
BaoJi Titanium Industry Co Ltd is a China-based company mainly engaged in the production, processing and sales of titanium and titanium alloys. The Company's main products are various specifications of titanium and titanium alloy plates, strips, foils, tubes, bars, wires, forgings, castings and other processed materials and various metal composite products. The titanium materials in its products are mainly used in aviation, aerospace, shipbuilding, petroleum, chemical metallurgy industry and other fields. The Company distributes its products in the domestic market and overseas markets.