Baoti Co., Ltd.: Its semi-annual operating income in 2024 will be 3.730 billion yuan, a year-on-year increase of 0.57%
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September 27, 2024, 3:15 PM On September 26, Baotai Company disclosed the investor relations activity record sheet that in the first half of 2024, the company achieved operating income of 3.730 billion yuan, a year-on-year increase of 0.57%; sales of titanium products were 17,800 tons, a year-on-year increase of 6.65%; The parent net profit was 403 million yuan, a year-on-year increase of 5.85%, and the basic earnings per share was 0.8433 yuan. The company is a supplier of basic materials for Shangfei Titanium Materials and will provide good market opportunities for the company's development in the future. Baotai Precision Forging Co., Ltd., a subsidiary of the company, purchased some of the assets of machinery, equipment, buildings, land use rights and other assets of Baoji Topda Titanium Co., Ltd. and Baoji Ruibang Titanium Co., Ltd. As various fundraising projects are successively put into production, the company's overall production capacity will gradually increase.