Tibet Gaozheng Explosive Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 19, 2021 at 05:59 am EDT
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Tibet GaoZheng Explosive Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 397.727 million compared to CNY 241.007 million a year ago. Operating income was CNY 32.212 million compared to CNY 10.494 million a year ago. Net income was CNY 13.545 million compared to CNY 1.199 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to CNY 0.004 a year ago.
Tibet GaoZheng Explosive Co., Ltd. is a China-based company principally engaged in the manufacture and distribution of civil explosive materials and industrial explosives, as well as the provision of blasting services. Its products mainly include powdery emulsion explosives, gelatinous emulsion explosives, blasting caps, as well as industrial electric detonators and industrial cables, among others. Its products are mainly applied in infrastructure construction and national defense construction such as coal, metal, non-metallic mineral resources mining, hydropower and water conservancy. The Company mainly operates its business mainly in domestic market, with Tibet Autonomous Region as its main market.
TIBET GAOZHENG EXPLOSIVE CO., LTD. 
