SMM: Oriental Zirconium Industry recently released a semi-annual results report that in the first half of 2020, the net profit belonging to shareholders of listed companies changed from profit to loss, with a loss of about 47.46 million yuan, down 743.15 percent from the same period last year. The net profit for the same period last year was about 7.38 million yuan, and the operating income was about 268 million yuan, an increase of 18.07 percent over the same period last year, with a basic loss per share of 0.08 yuan, down 900 percent from the same period last year.
During the reporting period, there was no significant change in the main business of the company. Dongfang Zirconium Industry is a key high-tech enterprise specializing in the R & D, production and management of zirconium and zirconium series products. the company's products include zirconium ore, zirconium silicate, zirconium chloride, fused zirconium, zirconia, composite zirconia, zirconia ceramic structures and sponge zirconium eight series, a total of more than 100 varieties and specifications. The application fields include nuclear power energy, special ceramics, bioceramics, optical communication devices, solid fuel cells, aerospace fields, electronic ceramics, artificial gemstones, ceramic colors and glazes, advanced refractories and many other new materials and new industries. The company leases heavy mineral separation plant to Shantou Guofu Zirconium and Titanium Industry Co., Ltd., which is used to process zirconium ore.
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