Baoji Titanium Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 27, 2020 at 02:54 pm
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Baoji Titanium Industry Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,020.531 million compared to CNY 1,149.873 million a year ago. Operating income was CNY 70.292 million compared to CNY 43.153 million a year ago. Net income was CNY 41.331 million compared to CNY 29.432 million a year ago. Basic earnings per share from continuing operations was CNY 0.0961 compared to CNY 0.0684 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.
BAOJI TITANIUM INDUSTRY CO., LTD. 
