Atlantic China Welding Consumables, Inc. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 01:24 pm IST
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Atlantic China Welding Consumables, Inc. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 2,721.18 million compared to CNY 2,263.37 million a year ago. Revenue was CNY 2,721.18 million compared to CNY 2,263.37 million a year ago. Net income was CNY 75.08 million compared to CNY 52.4 million a year ago. Basic earnings per share from continuing operations was CNY 0.0836 compared to CNY 0.0584 a year ago. Diluted earnings per share from continuing operations was CNY 0.0836 compared to CNY 0.0584 a year ago.
Atlantic China Welding Consumables Inc is a company mainly engaged in the research and development (R&D), production and sales of welding materials products. The Company's products include welding rods, welding wires, such as solid wires, flux cored wires and non-ferrous wires, and fluxes and welding materials ore raw materials. The Company's products are used in the production of daily necessities, infrastructure construction and major equipment manufacturing. The Company's products are exported to many countries and regions, such as Kazakhstan, Kyrgyzstan, kazalman, Tajikistan, Tanga, Pakistan, Karachi, etc.