Jinduicheng Molybdenum Co.,LTD Net profit of 173 million in 2020 decreased by 69.55% Market prices for molybdenum products continue to fall

  • Monday, February 1, 2021
  • Source:ferro-alloys.com

  • Keywords:molybdenum, molybdenum products,Jinduicheng Molybdenum Co.,LTD
[Fellow]Recently, Jinduicheng Molybdenum Co.,LTD issued 2020 performance announcement, the announcement showed that January-December 2020 operating income of 7.6271756 billion yuan, 16.66% lower than the same period last year;
Recently, Jinduicheng Molybdenum Co.,LTD issued 2020 performance announcement, the announcement showed that January-December 2020 operating income of 7.6271756 billion yuan, 16.66% lower than the same period last year; The net profit attributable to shareholders of listed companies was 173.2378 million yuan, down 69.55 yuan from the same period last year.  
The announcement showed that the total assets of gold and molybdenum shares were 14.29223193 billion yuan, a decrease of 6.54% from the beginning of this report, and the basic earnings per share was 0.05 yuan ,0.18 yuan in the same period last year.
During the reporting period, the operating situation, financial situation and the main factors affecting operating performance in the reporting period, the company realized operating income of 7.627176 billion yuan, down 16.66% from the same period last year;  Total profits of 300.3264 million yuan, a decrease of 61.76%; Net profit attributable to shareholders of listed companies was 173.2378 million yuan, down 69.55 yuan from the same period last year. During the reporting period by international and domestic molybdenum products market prices continued to fall, the company's annual operating performance year-on-year decline.
It is reported that gold and molybdenum shares are mainly engaged in the production, sale, research and development of molybdenum series products and the trade and operation of molybdenum related products. They are committed to building a "carrier" of China's molybdenum industry, leading the development of the global molybdenum industry, creating world-class molybdenum industrial enterprises with global competitiveness, and actively promoting the high-quality and sustainable development of molybdenum industry.  
 
  • [Editor:wenxin]

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