Baoji Titanium Industry Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
July 29, 2020 at 04:12 am EDT
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Baoji Titanium Industry Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 2,037.517 million compared to CNY 1,965.365 million a year ago. Operating income was CNY 196.856 million compared to CNY 151.077 million a year ago. Net income was CNY 142.152 million compared to CNY 110.504 million a year ago. Basic earnings per share from continuing operations was CNY 0.3304 compared to CNY 0.2568 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.