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RSS FeedsOssen Innovation Announces Unaudited Financial Results for the Second Quarter and Six Months Ended June 30, 2017
(WorldNews China)

 
 

17 november 2017 14:34:07

 
Ossen Innovation Announces Unaudited Financial Results for the Second Quarter and Six Months Ended June 30, 2017
(WorldNews China)
 


SHANGHAI, Nov. 17, 2017 /PRNewswire/ -- Ossen Innovation Co., Ltd. (`Ossen Innovation` or the `Company`) (Nasdaq: OSN), a China-based manufacturer of an array of plain surface, rare earth and zinc coated pre-stressed steel materials, today announced its financial results for the second quarter and six months ended June 30, 2017. Three Months Ended June 30, 2017 Financial Results For the Three Months Ended June 30, ($ millions, except per share data) 2017 2016 % Change Revenues $26.4 $23.4 12.8% Gross profit $3.0 $2.5 22.3% Gross margin 11.4% 10.5% 0.9% Operating income $1.8 $0.9 96.9% Operating margin 6.9% 4.0% 3.0% Net income attributable to Ossen Innovation $1.2 $0.3 293.6% EPS $0.06 $0.02...


 
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