Baoji Titanium Industry Co., Ltd. Provides Earnings Guidance for the First Half of 2019
July 15, 2019
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Baoji Titanium Industry Co., Ltd. provided earnings guidance for the first half of 2019. The company predicts that the net profit belonging to shareholders of the company in the first half of 2019 will be about RMB 110 million, with an increase of about RMB 76 million compared with the same period of the year before and with a year-on-year increase of about 223.53%. The net profit belonging to shareholders of the company after excluding extraordinary profit and loss will be about RMB 100 million, with an increase of about RMB 75 million compared with the same period of the year before and with a year-on-year increase of about 295.62%.
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.