Atlantic China Welding Consumables, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 04:00 am EDT
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Atlantic China Welding Consumables, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 896.13 million compared to CNY 904.15 million a year ago. Revenue was CNY 896.13 million compared to CNY 904.15 million a year ago. Net income was CNY 19.32 million compared to CNY 30.74 million a year ago. Basic earnings per share from continuing operations was CNY 0.0215 compared to CNY 0.0342 a year ago. Diluted earnings per share from continuing operations was CNY 0.0215 compared to CNY 0.0342 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. 
