BGRIMM Magnetic Materials & Technology Co., Ltd Provides Preliminary Earnings Guidance for the Year 2012
January 25, 2013
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BGRIMM Magnetic Materials & Technology Co. Ltd. provided preliminary earnings guidance for the year 2012. The company predicts a loss in the business performance in 2012, with a loss of between RMB 17 million and RMB 23 million in the net profit belonging to shareholders of the company.
BGRIMM Technology Co Ltd is a company engaged in the research and development (R&D), production, sales and service of mining and metallurgical equipment and magnetic materials. The mining and metallurgical equipment mainly includes flotation equipment, magnetic separation equipment, grinding equipment, mixing tank, beneficiation auxiliary equipment, automatic zinc stripping unit, metallurgical leaching tank, environmental protection equipment and others. The magnetic material products include sintered permanent magnet ferrite, bonded permanent magnet ferrite, injection molding magnet, rubber magnet, magnetic recording material, rare earth permanent magnet and other magnetic materials, permanent magnet parts and others. The Company's products are mainly sold to East and South China, Europe, the United States, Japan, Hong Kong, Taiwan and other regions.
BGRIMM TECHNOLOGY CO., LTD. 
