Atlantic China Welding Consumables, Inc. Reports Earnings Results for the Half Year Ended June 30, 2020
August 24, 2020 at 08:52 am
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Atlantic China Welding Consumables, Inc. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 1,426.505 million compared to CNY 1,452.095 million a year ago. Operating income was CNY 46.360 million compared to CNY 36.706 million a year ago. Net income was CNY 28.624 million compared to CNY 25.201 million a year ago. Basic earnings per share from continuing operations was CNY 0.0319 compared to CNY 0.0281 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. 
