BEIJING (dpa-AFX) - Ossen Innovation Co., Ltd. (OSN) reported net income for the first quarter of $0.9 million or $0.04 per share, compared to $0.5 million or $0.02 per share for the year-ago quarter.
Revenues for the first quarter fell 4.5% to $26.8 million from $28.0 million a year earlier, mainly due to weakness in rare earth coated products sales.
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