Ningbo Jintian Coppergroup Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 04:16 am
Share
Ningbo Jintian CopperGroup Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 31,548.792 million compared to CNY 30,112.632 million a year ago. Operating income was CNY 492.494 million compared to CNY 438.283 million a year ago. Net income was CNY 360.221 million compared to CNY 323.739 million a year ago. Basic earnings per share from continuing operations was CNY 0.27 compared to CNY 0.27 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.