Rayont, Inc. Reports Earnings Results for the Second Quarter Ended March 31, 2021
Rayont, Inc. announced earnings results for the second quarter ended March 31, 2021. For the second quarter, the company announced sales was USD 951,538 compared to USD 442,435 a year ago. Operating income was USD 33,972 compared to operating loss of USD 51,090 a year ago. Net income was USD 143,174 compared to net loss of USD 56,596 a year ago. For the half year, sales was USD 1.409 million compared to USD 844,682 a year ago. Operating loss was USD 316,703 compared to USD 321,455 a year ago. Net income was USD 271,051 compared to net loss of USD 334,056 a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to basic loss per share from continuing operations of USD 0.02 a year ago.