Pangang Group Vanadium Titanium & Resources: Net profit for first three quarters of 2020 down 86.52% YoY

NBD AI Bulletin -- Pangang Group Vanadium Titanium & Resources Co., Ltd. (the Company, SZ 000629, closing price: 2.04 yuan) released its earnings report on October 26. For the first three quarters of 2020, revenue comes in at about 7.822 billion yuan, a decrease of 24.64% year on year; Net profit stands at about 190 million yuan, a decrease of 86.52% year on year; Basic earnings per share is 0.0221 yuan, a decrease of 86.54% year on year. 

The 2020 semi-annual report shows that Pangang Group Vanadium Titanium & Resources Co., Ltd. mainly engages in the titanium industry, vanadium industry, electric power, other industries, iron and steel industry, accounting for 38.24%, 35.85%, 19.1%, 4.59%, 2.22% of its revenue, respectively.

Pangang Group Vanadium Titanium & Resources Co., Ltd.'s chairman is Xie Junyong, male, 55 years old, graduated from University of Science and Technology Beijing, with a bachelor's degree in steel metallurgy. The Company's general manager is Du Sihong, male, 51 years old, senior engineer, EMBA holder.

Tips on "Stock Trends":

1. The number of shares held by northbound investors increased by 18.4282 million in the past 30 days, representing 0.25% of the Company's circulating shares. 

2. There was no institutional research on the Company in the past 30 days. 

(By Tan Yuhan)

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