BAOTI Reports First Three Quarter 2011 Results
Baoji Titanium Industry Co., Ltd. (SSE) reported ¥0.091 per diluted share for the quarter ended September 30, 2011 and ¥0.109 per diluted share for the first three quarters of 2011, compared to ¥-0.006 per diluted share for the quarter ended September 30, 2010 and ¥0.007 per diluted share for the first three quarters of 2010. The Company's net income was ¥58.45 million for the quarter ended September 30, 2011 and ¥81.32 million for the first three quarters of 2011, compared to ¥-2.50 million for the quarter ended September 30, 2010 and ¥9.28 million for the first three quarters of 2010 . Operating income was ¥701.77 million for the quarter ended September 30, 2011 and ¥2.18 billion for the first three quarters of 2011, compared to ¥709.69 million for the quarter ended September 30, 2010 and ¥1.90 billion for the first three quarters of 2010.