Chongyi Zhangyuan Tungsten Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 30, 2021 at 04:02 am
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Chongyi Zhangyuan Tungsten Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 1,254.623 million compared to CNY 808.127 million a year ago. Operating income was CNY 35.466 million compared to operating loss of CNY 61.580 million a year ago. Net income was CNY 37.236 million compared to net loss of CNY 61.609 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to basic loss per share from continuing operations of CNY 0.07 a year ago.
CHONGYI ZHANGYUAN TUNGSTEN CO., LTD. is a China-based company, principally engaged in the mining, smelting and deep processing of non-ferrous metals. The Company's main products include ammonium paratungstate (APT), tungsten oxide, tungsten powder, tungsten carbide powder and tungsten carbide, among others. It owns right of exploring and mining mines, as well as tungsten smelting and deep processing factories. The Company distributes its products in domestic and overseas markets.