Atlantic China Welding Consumables, Inc. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 03:49 am EDT
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Atlantic China Welding Consumables, Inc. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 2,263.368 million compared to CNY 2,182.962 million a year ago. Operating income was CNY 88.225 million compared to CNY 52.088 million a year ago. Net income was CNY 52.402 million compared to CNY 36.083 million a year ago. Basic earnings per share from continuing operations was CNY 0.0584 compared to CNY 0.0402 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. 
