SMM: recently, titanium shares released the third quarter of 2019 report, the company in the first three quarters of 2019 to achieve 3.205 billion yuan in operating income, year-on-year increase of 24.37%; net profit of 170 million yuan, an increase of 75.67%. Earnings per share are 0.40 yuan. The production of titanium products, the company's main products, was 17520 tons, an increase of 69.72 tons over the previous year.
On the same day, the company disclosed a non-public offering plan to raise no more than 2.1 billion yuan for the existing production capacity expansion and upgrading projects of titanium processing products, as well as matching inspection, testing and research test capacity upgrading projects.
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