Ningbo Jintian Coppergroup Co., Ltd. Reports Earnings Results for the Fourth Quarter Ended March 31, 2021
April 26, 2021 at 02:04 pm
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Ningbo Jintian CopperGroup Co., Ltd. announced earnings results for the fourth quarter ended March 31, 2021. For the fourth quarter, the company announced sales was CNY 15,699.393 million compared to CNY 7,784.963 million a year ago. Operating income was CNY 174.331 million compared to CNY 90.526 million a year ago. Net income was CNY 101.659 million compared to CNY 55.390 million a year ago. Basic earnings per share from continuing operations was CNY 0.07 compared to CNY 0.05 a year ago. For the full year, sales was CNY 46,829.256 million compared to CNY 40,984.013 million a year ago. Operating income was CNY 644.879 million compared to CNY 624.085 million a year ago. Net income was CNY 512.243 million compared to CNY 494.358 million a year ago. Basic earnings per share from continuing operations was CNY 0.37 compared to CNY 0.41 a year ago.
Ningbo Jintian Copper Group Co Ltd is a China-based company mainly engaged in non-ferrous metal processing business. The Company's main products include copper products and rare earth permanent magnet materials. Its copper products include copper rods, copper strips, copper tubes, copper wires (rows), cathode copper, valves, magnet wires and other products, and are committed to providing comprehensive copper solutions for the development of emerging industries such as 5G communications, new energy vehicles, rail transit, power Internet of Things, clean energy. The Company's rare earth permanent magnet products are used in wind power generation, new energy vehicles, high-efficiency and energy-saving motors, consumer electronics, medical equipment and other fields. The Company conducts business in the Chinese market and overseas markets.
NINGBO JINTIAN COPPER (GROUP) CO., LTD. 
