GRINM Semiconductor Materials Co., Ltd. Provides Earnings Guidance for the First Half Year of 2013
July 24, 2013 at 10:49 am
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GRINM Semiconductor Materials Co., Ltd. Provided earnings guidance for the first half year of 2013. For the period, the company predicts that it would turn losses into profits in the first half, with net profits estimated at about CNY 550,000.
The company attributes the profit rise to stable raw material and product prices and sales and order increases.
Grinm Advanced Materials Co Ltd is a China-based company principally engaged in the production and sales of high-purity metal targets, rare earth materials, special infrared optical and optoelectronic materials, and biomedical materials. The Company operates its businesses through five segments. The High-purity/Ultra-high-purity Metal Materials segment is engaged in the production of platinum group, thin film materials, precious metals, non-ferrous metals and high-end manufacturing products. The Rare Earth Materials segment is engaged in the production of rare earth materials. The Infrared Optics/Optical Fiber Optoelectronic Materials segment is engaged in the production of infrared optics and optical fiber optoelectronic materials. The Medical Device Materials segment is engaged in the production of medical device materials. The Other segments is engaged in investment management business. The Company mainly operates its businesses in the domestic market and overseas markets.
GRINM ADVANCED MATERIALS CO., LTD. 
