Jinzhou Jixiang Molybdenum Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 02:09 pm IST
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Jinzhou Jixiang Molybdenum Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 1,077.519 million compared to CNY 1,573.269 million a year ago. Operating loss was CNY 156.286 million compared to CNY 5.025 million a year ago. Net loss was CNY 120.956 million compared to CNY 1.507 million a year ago. Basic loss per share from continuing operations was CNY 0.22 compared to CNY 0.003 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.