Sichuan Anning Iron and Titanium Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 25, 2021 at 02:30 pm
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Sichuan Anning Iron and Titanium Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,845.91 million compared to CNY 1,241.78 million a year ago. Revenue was CNY 1,845.91 million compared to CNY 1,241.78 million a year ago. Net income was CNY 1,189.57 million compared to CNY 521.72 million a year ago. Basic earnings per share from continuing operations was CNY 2.9665 compared to CNY 1.3624 a year ago. Diluted earnings per share from continuing operations was CNY 2.9665 compared to CNY 1.3624 a year ago.
Sichuan Anning Iron and Titanium Co., Ltd. is a circular economy enterprise that comprehensively utilizes vanadium and titanium resources for the extraction and selection of polymetallic associated ore. The Company is mainly engaged in the mining, washing and sales of vanadium-titanium magnetite. The main products are titanium concentrate and vanadium-iron concentrate. Vanadium-titanium magnetite is a multi-metal companion ore that contains iron and is associated with titanium, vanadium, scandium, cobalt, nickel, chromium, gallium and other elements. Products, raw materials for important basic industries such as titanium. The Company mainly operates its business in the domestic market.