Ningxia Orient Tantalum Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
April 24, 2019 at 10:18 pm IST
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Ningxia Orient Tantalum Industry Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 173.195 million compared to CNY 239.575 million a year ago. Operating income was CNY 2.595 million compared to of CNY 29.102 million a year ago. Net income was CNY 3.005 million compared to net loss of CNY 28.978 million a year ago. Basic earnings per share from continuing operations was CNY 0.0068 compared to basic loss per share from continuing operations of CNY 0.0657 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.
NINGXIA ORIENT TANTALUM INDUSTRY CO., LTD. 
