Rayhoo Motor Dies Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 25, 2021 at 06:00 am EDT
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Rayhoo Motor Dies Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 659.85 million compared to CNY 596.37 million a year ago. Revenue was CNY 659.85 million compared to CNY 596.37 million a year ago. Net income was CNY 87.63 million compared to CNY 78.1 million a year ago. Basic earnings per share from continuing operations was CNY 0.48 compared to CNY 0.43 a year ago. Diluted earnings per share from continuing operations was CNY 0.48 compared to CNY 0.43 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.