BEIJING (dpa-AFX) - Ossen Innovation Co., Ltd. (OSN) reported net income for the third quarter of $0.5 million or $0.02 per share, compared to $1.7 million or $0.08 per share for the year-ago quarter.
Revenue for the third quarter fell 16% to $27.9 million from $33.1 million a year ago, mainly due to the weaknesses in both Zinc coated products and plain surface pre-stressed strands sales.
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