Baoji Titanium Industry Co., Ltd. Provides Earnings Guidance for the Year 2019
January 09, 2020
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Baoji Titanium Industry Co., Ltd. provided earnings guidance for the year 2019. According to preliminary statistics of its financial department, the company predicts that the net profit belonging to shareholders of the listed company in 2019 will be about RMB 248 million, with an increase of about 75% compared with the same period of the year before. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be about RMB 227 million, a year-on-year increase of about 103%.
BaoJi Titanium Industry Co Ltd is a China-based company mainly engaged in the production, processing and sales of titanium and titanium alloys. The Company's main products are various specifications of titanium and titanium alloy plates, strips, foils, tubes, bars, wires, forgings, castings and other processed materials and various metal composite products. The titanium materials in its products are mainly used in aviation, aerospace, shipbuilding, petroleum, chemical metallurgy industry and other fields. The Company distributes its products in the domestic market and overseas markets.