Ningxia Orient Tantalum Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 04:36 am
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Ningxia Orient Tantalum Industry Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 96.233 million compared to CNY 173.195 million a year ago. Operating loss was CNY 5.637 million compared to operating Income of CNY 2.595 million a year ago. Net loss was CNY 5.255 million compared to net income of CNY 3.005 million a year ago. Basic loss per share from continuing operations was CNY 0.0119 compared to basic earnings per share from continuing operations of CNY 0.0068 a year ago.
Ningxia Orient Tantalum Industry Co Ltd is a China-based company mainly engaged in the research and development, production, sales, import and export of rare metals and alloys. The Company is mainly engaged in the processing, manufacturing and trading of rare metals and alloys. The Company's main products include tantalum metal and alloy products, niobium metal and alloy products, titanium and titanium alloy products and other products. The Company's products are mainly used in electronics, communications, aviation, aerospace, metallurgy, petroleum, chemical industry, lighting, atomic energy, solar energy and other fields. The Company mainly conducts its businesses in domestic and overseas markets.
NINGXIA ORIENT TANTALUM INDUSTRY CO., LTD. 
