Western Metal Materials Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 06:22 am
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Western Metal Materials Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 459.527 million compared to CNY 309.375 million a year ago. Operating income was CNY 43.105 million compared to operating loss of CNY 27.714 million a year ago. Net income was CNY 30.737 million compared to net loss of CNY 14.231 million a year ago. Basic earnings per share from continuing operations was CNY 0.063 compared to basic loss per share from continuing operations of CNY 0.0335 a year ago.
WESTERN METAL MATERIALS CO., LTD is a China-based company primarily engaged in the research and development, manufacture and sales of rare metal products. The Company provides rare metal clad materials and products, titanium products, metal fibers and products, refractory metal products, tungsten-molybdenum materials, as well as precious metal products and others. The Company is also engaged in the rare metal testing and processing business. The Company distributes its products in domestic market and to overseas markets.
WESTERN METAL MATERIALS CO., LTD. 
