Baoji Titanium Industry Co., Ltd. Provides Earnings Guidance for the Year 2018
January 17, 2019
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Baoji Titanium Industry Co., Ltd. provided earnings guidance for the year 2018. The company predicts that the net profit belonging to shareholders of the company in 2018 will be between RMB 150,000,000 and RMB 170,000,000, with an increase of between 598% and 691% compared with the same period of the year before. The net profit belonging to shareholders of the company after excluding extraordinary profit and loss will be between RMB 130,000,000 and RMB 150,000,000, with a year-on-year increase of between 1,455% and 1,664%.
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.