On April 21, Ruitai Technology (002066) released the first quarter report of 2021. During the reporting period, the company achieved an operating revenue of 1127877841.18 yuan, up 30.65% year on year; The net profit attributable to the shareholders of the listed company was 14229833.74 yuan, turning losses into profits over the same period of last year.
During the reporting period, the net cash flow from operating activities was -25475518.94 yuan, and the net assets attributable to shareholders of listed companies were 494613472.40 yuan by the end of 2020.
During the reporting period, the company achieved an operating income of 1127877841.18 yuan, up 30.65% year on year; The main reason is that the company strengthened market development and affected by the epidemic situation in the same period last year, the operating revenue of each sector increased significantly in the first quarter; Operating costs increased by 31.56%, mainly due to the corresponding increase in costs with the increase of revenue. The net profit attributable to the shareholders of the listed company was 14229833.74 yuan, which turned from loss to profit over the same period of last year. The main reason was the growth of operating revenue in the current period on the one hand, and the influence factors of epidemic situation in the same period of last year on the other.
According to the data of digbei.com, Ruitai technology belongs to the refractory manufacturing industry. It is engaged in the R & D, production, sales and comprehensive services of shaped and amorphous refractories and various wear-resistant materials. Its products serve glass, cement, steel, nonferrous metals, electric power, petrochemical and other industries. Its main products include melting and casting refractories, firing refractories, fire-resistant refractories Amorphous materials and all kinds of wear-resistant materials.