Ruitai Materials Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
July 12, 2021 at 03:45 am EDT
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Ruitai Materials Technology Co., Ltd. Reported earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 2,343.464 million compared to CNY 1,975.370 million a year ago. Operating income was CNY 78.111 million compared to CNY 40.941 million a year ago. Net income was CNY 23.185 million compared to CNY 3.254 million a year ago. Basic earnings per share from continuing operations was CNY 0.1004 compared to CNY 0.0141 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'