Rayence Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 13, 2022 at 07:53 am
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Rayence Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 1,672.77 million compared to KRW 743.91 million a year ago. Net income was KRW 5,114.13 million compared to KRW 6,485.22 million a year ago. Basic earnings per share from continuing operations was KRW 325 compared to KRW 412 a year ago. Basic earnings per share was KRW 325 compared to KRW 412 a year ago.
Rayence Co., Ltd. is a Korea-based company mainly engaged in the manufacture of medical and veterinary X-ray detector products. Its products include thin film transistor (TFT) detectors and complementary-metal-oxide-semiconductor (CMOS) detectors. The products' brand name consists of 1012WCA, 17SCC/SGC, 1215CF, 1501CF and 0712CF. The Company also manufactures intra oral (I/O) sensors under the brand name of Ez1.0, Ez1.5, and mammography (mammo) machines under the brand 1724CM, 2434CM. The Company distributes its products to domestic and overseas markets.