Ningxia Orient Tantalum Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 04:35 am
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Ningxia Orient Tantalum Industry Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 254.05 million compared to CNY 203.35 million a year ago. Revenue was CNY 254.05 million compared to CNY 203.35 million a year ago. Net income was CNY 49.66 million compared to CNY 15.63 million a year ago. Basic earnings per share from continuing operations was CNY 0.1126 compared to CNY 0.0355 a year ago. Diluted earnings per share from continuing operations was CNY 0.1126 compared to CNY 0.0355 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.