Western Metal Materials Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 26, 2021 at 07:31 am
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Western Metal Materials Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,759.81 million compared to CNY 1,448.22 million a year ago. Revenue was CNY 1,759.81 million compared to CNY 1,448.22 million a year ago. Net income was CNY 103.33 million compared to CNY 36.43 million a year ago. Basic earnings per share from continuing operations was CNY 0.2116 compared to CNY 0.0856 a year ago. Diluted earnings per share from continuing operations was CNY 0.2116 compared to CNY 0.0856 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.