Ningxia Orient Tantalum Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 01:44 pm IST
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Ningxia Orient Tantalum Industry Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 203.349 million compared to CNY 96.233 million a year ago. Operating income was CNY 15.849 million compared to operating loss of CNY 5.637 million a year ago. Net income was CNY 15.630 million compared to net loss of CNY 5.255 million a year ago. Basic earnings per share from continuing operations was CNY 0.0355 compared to basic loss per share from continuing operations of CNY 0.0119 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.