The revenue of Baoji Titanium Industry increased by 52.51% in the third quarter due to the increase in product sales and the optimization of product structure.

Recently, Baoji titanium industry released its third quarter report that in the third quarter, Baoji titanium industry's operating income was 1.775 billion yuan, an increase of 52.51% over the same period last year. In the first three quarters of 2021, the operating income was 4.616 billion yuan, an increase of 44.17% over the same period last year. The net profit attributed to shareholders of listed companies in the third quarter was 193 million yuan, an increase of 94.34% compared with the same period last year. In the first three quarters of 2021, the net profit attributed to shareholders of listed companies was 471 million yuan, an increase of 95.06% over the same period last year.

Baoji Titanium Industry pointed out that the year-on-year increase in operating income was mainly due to the increase in the company's product sales in the first three quarters, and the increase in net profit attributed to shareholders of listed companies in the third quarter was mainly due to the increase in product sales in the first three quarters and the optimization of product structure, as well as the increase in the proportion of revenue and profits of products with strong profitability.

In addition, Baoji Titanium Industry pointed out that Baoji Baoti Precision forging Co., Ltd. has obtained an industrial and commercial business license during the reporting period.