Rayence Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 13, 2023 at 10:16 pm EDT
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Rayence Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 1,334.15 million compared to KRW 1,884.46 million a year ago. Net income was KRW 6,200.53 million compared to KRW 6,157.67 million a year ago. Basic earnings per share from continuing operations was KRW 394 compared to KRW 391 a year ago. Basic earnings per share was KRW 394 compared to KRW 325 a year ago.
For the six months, sales was KRW 2,756.75 million compared to KRW 3,557.24 million a year ago. Net income was KRW 9,197.97 million compared to KRW 11,271.8 million a year ago. Basic earnings per share from continuing operations was KRW 585 compared to KRW 716 a year ago. Basic earnings per share was KRW 585 compared to KRW 716 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.
RAYENCE CO., LTD. 
