Jinzhou Jixiang Molybdenum Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 10:19 pm IST
Share
Jinzhou Jixiang Molybdenum Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 737.247 million compared to CNY 461.028 million a year ago. Operating income was CNY 8.157 million compared to operating loss of CNY 26.329 million a year ago. Net income was CNY 4.014 million compared to net loss of CNY 23.829 million a year ago. Basic earnings per share from continuing operations was CNY 0.01 compared to basic loss per share from continuing operations of CNY 0.04 a year ago.
JINZHOU JIXIANG MOLYBDENUM CO., LTD, formerly JINZHOU NEW CHINA DRAGONMOLYBDENUM CO., LTD., is a China-based company principally engaged in the manufacture, processing and distribution of molybdenum series products. The Company's products mainly include roasted molybdenum concentrate, ferro-molybdenum, ammonium molybdate, pure molybdenum trioxide, molybdenum powder, molybdenum plates, molybdenum rods and molybdenum piercing mandrels. The Company's products are mainly applied in steel, petroleum, chemical engineering and others. The Company is also engaged in film and television (TV) business, including film business, TV series business and intellectual property (IP) business. The Company distributes its products within domestic markets and to overseas markets.