Ruitai Materials Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 01, 2021 at 07:51 am EDT
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Ruitai Materials Technology Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 4,216.290 million compared to CNY 3,900.341 million a year ago. Operating income was CNY 122.631 million compared to CNY 91.466 million a year ago. Net income was CNY 27.739 million compared to CNY 25.638 million a year ago. Basic earnings per share from continuing operations was CNY 0.1201 compared to CNY 0.111 a year ago.
Ruitai Materials Technology Co., Ltd. is a China-based company principally engaged in the development, manufacture and sales of refractory materials and wear-resistant materials. The Company's main products portfolio consists of fused cast zirconia-corundum refractory (AZS) series, fused cast alumina series, unshaped refractory series, basic refractory series, siliceous refractory series, aluminosilicate refractory series, zircon sand series, as well as wear resistant refractory series and others. Its products are applied in the glass, cement, metallurgy and other industries. The Company distributes its products within domestic market and to overseas markets'
RUITAI MATERIALS TECHNOLOGY CO., LTD. 
