Ningxia Orient Tantalum Industry Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 14, 2020 at 01:16 pm IST
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Ningxia Orient Tantalum Industry Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 601.068 million compared to CNY 1,095.458 million a year ago. Operating income was CNY 36.581 million compared to CNY 31.633 million a year ago. Net income was CNY 41.161 million compared to CNY 29.885 million a year ago. Basic earnings per share from continuing operations was CNY 0.0934 compared to CNY 0.0678 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.