Atlantic China Welding Consumables, Inc. Reports Earnings Results for the Half Year Ended June 30, 2019
August 27, 2019 at 04:00 pm EDT
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Atlantic China Welding Consumables, Inc. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 1,452.095 million compared to CNY 1,249.581 million a year ago. Operating income was CNY 36.706 million compared to CNY 58.657 million a year ago. Net income was CNY 25.201 million compared to CNY 45.767 million a year ago. Basic earnings per share from continuing operations was CNY 0.0281 compared to CNY 0.051 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.
ATLANTIC CHINA WELDING CONSUMABLES, INC. 