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 unaudited financial results for the six months ended June 30, 2021 that revenues and gross profit attributable to Ossen Innovation are $72.3 million and $12.9 million, compared to $54.8 million and $10.3 million for the same period of last year.
The increase in revenue and gross profit in the six months ended June 30th, 2021 was primarily due to the increase in sales and profitability of rare earth coated pre-stressed products.