Atlantic China Welding Consumables, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
April 01, 2021 at 08:05 am EDT
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Atlantic China Welding Consumables, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 3,011.530 million compared to CNY 2,787.727 million a year ago. Operating income was CNY 150.696 million compared to CNY 53.908 million a year ago. Net income was CNY 105.908 million compared to CNY 82.974 million a year ago. Basic earnings per share from continuing operations was CNY 0.118 compared to CNY 0.0924 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. 
