Baoji Titanium Industry Co., Ltd. (SSE) reported ￥0.007 per diluted share for the quarter ended March 31, 2012, compared to ￥0.008 per diluted share for the quarter ended March 31, 2011. The Company's net income was ￥8.19 million for the first quarter of 2012 compared to ￥5.37 million for the first quarter of 2011. Operating income was ￥591.22 million for the first quarter in 2012 compared to ￥766.90 million during the same period in 2011.