Ruitai Materials Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 04:04 am EDT
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Ruitai Materials Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 3,014.388 million compared to CNY 2,865.997 million a year ago. Operating income was CNY 59.930 million compared to CNY 61.349 million a year ago. Net income was CNY 11.587 million compared to CNY 10.306 million a year ago. Basic earnings per share from continuing operations was CNY 0.0502 compared to CNY 0.0446 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. 
