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Ossen Innovation Company Ltd. Q2 Income Climbs 300%

Ossen Innovation Company Ltd. (OSN) released a profit for its second quarter that advanced compared to the same period last year.

The company said its bottom line came in at $1.2 million, or $0.06 per share. This was higher than $0.3 million, or $0.02 per share, in last year's second quarter.

The company said revenue for the quarter rose 112820412.8% to $26.4 million. This was up from $23.4 last year.

Ossen Innovation Company Ltd. earnings at a glance:

-Earnings (Q2): $1.2 Mln. vs. $0.3 Mln. last year.
-Earnings Growth (Y-o-Y): 300%
-EPS (Q2): $0.06 vs. $0.02 last year.
-EPS Growth (Y-o-Y): 200%
-Revenue (Q2): $26.4 Mln vs. $23.4 last year.
-Revenue Change (Y-o-Y): 112820412.8%

by RTT Staff Writer

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