[Ferro-alloys.com]Kingray New Materials Science & Technology Co., Ltd (Kingray New Materials) issued an announcement on quarterly business performance on October 30th. According to the announcement, overall operation revenue of Kingray New Materials was RMB 965.5 million (USD 155.7 million) in the first three quarters. It lost RMB 7.25 million in the three quarters and loss after deduction of extraordinary earning was RMB 13.53 million.

Kingray New Materials is one of the major EMM manufactures of China. It has several EMM factories in Guizhou Province and its annual capacity is about 60,000 mt.

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