Sichuan Anning Iron and Titanium Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 17, 2022 at 09:30 am
Share
Sichuan Anning Iron and Titanium Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 594.71 million compared to CNY 623.21 million a year ago. Revenue was CNY 594.71 million compared to CNY 623.21 million a year ago. Net income was CNY 354.03 million compared to CNY 357.56 million a year ago. Basic earnings per share from continuing operations was CNY 0.8829 compared to CNY 0.8917 a year ago. Diluted earnings per share from continuing operations was CNY 0.8829 compared to CNY 0.8917 a year ago.
Sichuan Anning Iron and Titanium Co., Ltd. is a circular economy enterprise that comprehensively utilizes vanadium and titanium resources for the extraction and selection of polymetallic associated ore. The Company is mainly engaged in the mining, washing and sales of vanadium-titanium magnetite. The main products are titanium concentrate and vanadium-iron concentrate. Vanadium-titanium magnetite is a multi-metal companion ore that contains iron and is associated with titanium, vanadium, scandium, cobalt, nickel, chromium, gallium and other elements. Products, raw materials for important basic industries such as titanium. The Company mainly operates its business in the domestic market.
SICHUAN ANNING IRON AND TITANIUM CO.,LTD. 
