Ningbo Jintian Coppergroup Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 17, 2020 at 05:42 am
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Ningbo Jintian CopperGroup Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 18,599.626 million compared to CNY 19,878.813 million a year ago. Operating income was CNY 341.308 million compared to CNY 301.603 million a year ago. Net income was CNY 247.416 million compared to CNY 220.304 million a year ago. Basic earnings per share from continuing operations was CNY 0.19 compared to CNY 0.18 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. 
