Ruitai Materials Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 21, 2021 at 05:19 am
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Ruitai Materials Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,127.877 million compared to CNY 863.295 million a year ago. Operating income was CNY 44.153 million compared to CNY 8.396 million a year ago. Net income was CNY 14.229 million compared to net loss of CNY 9.617 million a year ago. Basic earnings per share from continuing operations was CNY 0.0616 compared to basic loss per share from continuing operations of CNY 0.0416 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. 
