Ossen Innovation Co., Ltd (OSN)

[TheFinalCD]

Six Months Ended June 30, 2019 Financial Results



For the Six Months Ended June 30,

($ millions, except per share data)


2019


2018


% Change

Revenues


$65.1


$70.0


-7.1%

Gross profit


$10.1


$10.0


2.0%

Gross margin


15.6%


14.3%


+1.2%

Operating income


$7.3


$6.7


8.9%

Operating margin


11.2%


9.6%


+1.6%

Net income attributable to Ossen Innovation


$5.6


$4.8


18.7%

EPS


$0.29


$0.24


20.8%

OSN