Pangang Group Vanadium Titanium & Resources: 2021H1 net profit about 507 million yuan, an increase of 492.86% YoY

  • Tuesday, August 24, 2021
  • Source:ferro-alloys.com

  • Keywords:Molybdenum,Ferromolybdenum,Ferroalloy
[Fellow]Pangang Group Vanadium Titanium & Resources: 2021H1 net profit about 507 million yuan, an increase of 492.86% YoY

[Ferro-Alloys.com] Pangang Group Vanadium Titanium & Resources Co., Ltd (SZ 000629, close price: 3.64 yuan) released on August 23 the semi-annual results, saying that in the first half of 2021, the Company posted revenue of about 7.133 billion yuan, an increase of 42.62% from a year earlier, the net profit attributable to shareholders amounted to about 507 million yuan, an increase of 492.86% year on year, and the basic earnings per share was 0.0591 yuan, up 491% compared with the same period last year.

The 2020 annual report shows that the main businesses of Pangang Group Vanadium Titanium & Resources include titanium industry, vanadium industry, electric power, iron and steel industry, accounting for 40.09%, 35.65%, 18.12%, 2.04% of revenue, respectively.

  • [Editor:tianyawei]

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