Raytron Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
April 28, 2023 at 07:02 am IST
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Raytron Technology Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 789.9 million compared to CNY 445.14 million a year ago. Revenue was CNY 789.9 million compared to CNY 445.14 million a year ago.
Net income was CNY 81.6 million compared to CNY 14.28 million a year ago. Basic earnings per share from continuing operations was CNY 0.1828 compared to CNY 0.0321 a year ago. Diluted earnings per share from continuing operations was CNY 0.1783 compared to CNY 0.0319 a year ago.
Raytron Technology Co Ltd is a China-based company mainly engaged in the development of uncooled infrared thermal imaging and micro-electromechanical system (MEMS) sensing technology. The Company is dedicated to the design and manufacture of application specific integrated circuits, MEMS sensors and infrared imaging products. The Company's products mainly include infrared detector chips, thermal imaging core modules, complete infrared thermal imaging cameras, laser microwave products and photoelectric systems. The Company's products are mainly used in special equipment and security monitoring, industrial temperature measurement, human body temperature screening, car assisted driving, outdoor sports, consumer electronics, forest fire prevention, medical testing equipment, fire protection and the Internet of Things. The Company's export products are mainly sold to Europe, North America and other regions.