Chongyi Zhangyuan Tungsten Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 26, 2021 at 09:05 am
Share
Chongyi Zhangyuan Tungsten Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 2,036.84 million compared to CNY 1,351.53 million a year ago. Revenue was CNY 2,036.84 million compared to CNY 1,351.53 million a year ago. Net income was CNY 93.32 million compared to net loss of CNY 3.02 million a year ago. Basic earnings per share from continuing operations was CNY 0.101 compared to basic loss per share from continuing operations of CNY 0.0033 a year ago. Diluted earnings per share from continuing operations was CNY 0.101 compared to diluted loss per share from continuing operations of CNY 0.0033 a year ago.
CHONGYI ZHANGYUAN TUNGSTEN CO., LTD. is a China-based company, principally engaged in the mining, smelting and deep processing of non-ferrous metals. The Company's main products include ammonium paratungstate (APT), tungsten oxide, tungsten powder, tungsten carbide powder and tungsten carbide, among others. It owns right of exploring and mining mines, as well as tungsten smelting and deep processing factories. The Company distributes its products in domestic and overseas markets.