Ningxia Orient Tantalum Industry Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 24, 2019 at 01:29 pm IST
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Ningxia Orient Tantalum Industry Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 452.620 million compared to CNY 818.799 million a year ago. Operating income was CNY 16.798 million compared to CNY 3.561 million a year ago. Net income was CNY 16.634 million compared to CNY 3.310 million a year ago. Basic earnings per share from continuing operations was CNY 0.0377 compared to CNY 0.0075 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.