Rayhoo Motor Dies Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 11, 2022 at 03:47 pm IST
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Rayhoo Motor Dies Co.,Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 1,031.98 million compared to CNY 945.83 million a year ago. Revenue was CNY 1,044.71 million compared to CNY 949.87 million a year ago. Net income was CNY 115.23 million compared to CNY 103.36 million a year ago. Basic earnings per share from continuing operations was CNY 0.63 compared to CNY 0.68 a year ago. Diluted earnings per share from continuing operations was CNY 0.63 compared to CNY 0.68 a year ago.
Rayhoo Motor Dies Co Ltd is a China-based company mainly engaged in the development, design, manufacture and sales of automobile stamping dies, inspection tools and welding automated production lines. The Company's main products are stamping dies, including cover die and high-strength plate die, inspection tools, welding and assembly automated production lines. Its products are mainly used in the automobile manufacturing industry. The Company operates its businesses within the domestic market and to overseas markets.