Rayhoo Motor Dies Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2022
August 09, 2022 at 04:34 am EDT
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Rayhoo Motor Dies Co.,Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 422.86 million compared to CNY 431.76 million a year ago. Revenue was CNY 428.09 million compared to CNY 435.48 million a year ago. Net income was CNY 55.41 million compared to CNY 57.22 million a year ago. Basic earnings per share from continuing operations was CNY 0.3 compared to CNY 0.31 a year ago. Diluted earnings per share from continuing operations was CNY 0.3 compared to CNY 0.31 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.