BGRIMM Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 25, 2021 at 03:19 pm IST
Share
BGRIMM Technology Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 326.846 million compared to CNY 254.045 million a year ago. Operating income was CNY 39.680 million compared to CNY 24.618 million a year ago. Net income was CNY 32.174 million compared to CNY 19.200 million a year ago. Basic earnings per share from continuing operations was CNY 0.1939 compared to CNY 0.1258 a year ago. Diluted earnings per share from continuing operations was CNY 0.1939 compared to CNY 0.1237 a year ago.
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.