Sichuan Anning Iron and Titanium Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 29, 2021
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Sichuan Anning Iron and Titanium Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was CNY 1,636.423 million compared to CNY 1,374.877 million a year ago. Operating income was CNY 825.039 million compared to CNY 597.911 million a year ago. Net income was CNY 700.565 million compared to CNY 519.188 million a year ago. Basic earnings per share from continuing operations was CNY 1.8081 compared to CNY 1.4406 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. 
