Rayont Inc. reported earnings results for the third quarter and nine months ended March 31, 2022. For the third quarter, the company reported sales was USD 0.464698 million compared to USD 0.951464 million a year ago. Net income was USD 0.08065 million compared to USD 0.147643 million a year ago.
For the nine months, sales was USD 1.83 million compared to USD 2.15 million a year ago. Net loss was USD 0.53454 million compared to net income of USD 0.609528 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to basic earnings per share from continuing operations of USD 0.02 a year ago.