BGRIMM Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 23, 2020 at 02:51 pm IST
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BGRIMM Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 401.602 million compared to CNY 370.122 million a year ago. Operating income was CNY 40.836 million compared to CNY 40.686 million a year ago. Net income was CNY 32.813 million compared to CNY 31.067 million a year ago. Basic earnings per share from continuing operations was CNY 0.2156 compared to CNY 0.2035 a year ago. Diluted earnings per share from continuing operations was CNY 0.2156 compared to CNY 0.2004 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.
BGRIMM TECHNOLOGY CO., LTD. 
