Ningxia Orient Tantalum Industry Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 17, 2020 at 04:16 am
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Ningxia Orient Tantalum Industry Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 253.696 million compared to CNY 304.121 million a year ago. Operating income was CNY 15.398 million compared to CNY 3.283 million a year ago. Net income was CNY 16.137 million compared to CNY 2.923 million a year ago. Basic earnings per share from continuing operations was CNY 0.0366 compared to CNY 0.0066 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.