Rayence Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 14, 2021 at 07:54 pm EST
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Rayence Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 845.62 million compared to KRW 473.7 million a year ago. Net income was KRW 3,476.32 million compared to net loss of KRW 299.41 million a year ago. Basic earnings per share from continuing operations was KRW 221 compared to basic loss per share from continuing operations of KRW 19 a year ago. Basic earnings per share was KRW 221 compared to basic loss per share of KRW 19 a year ago.
For the nine months, sales was KRW 2,137.94 million compared to KRW 1,519.44 million a year ago. Net income was KRW 10,967.52 million compared to KRW 4,723.7 million a year ago. Basic earnings per share from continuing operations was KRW 697 compared to KRW 300 a year ago. Basic earnings per share was KRW 697 compared to KRW 300 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. 
