Rayence Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 01:20 pm IST
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Rayence Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 1,464.77 million compared to KRW 845.62 million a year ago. Net income was KRW 6,807.57 million compared to KRW 3,476.32 million a year ago. Basic earnings per share from continuing operations was KRW 433 compared to KRW 221 a year ago. Basic earnings per share was KRW 433 compared to KRW 221 a year ago.
For the nine months, sales was KRW 5,022.01 million compared to KRW 2,137.94 million a year ago. Net income was KRW 18,079.37 million compared to KRW 10,967.52 million a year ago. Basic earnings per share from continuing operations was KRW 1,149 compared to KRW 697 a year ago. Basic earnings per share was KRW 1,149 compared to KRW 697 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. 
