RAYONT INC. [RAYT] posts $0.2449M profit as revenue rises 1421.11% to $2.84M

RAYONT INC. [RAYT] posted a profit of $0.2449M, marking a rise of 206.72% for this year.

Revenue rose to $2.84M this year compared to $0.1867M in the previous year.

According to the latest annual report the company has filed with the SEC, current earnings were $0.2449M, up 206.72% from $-0.23M.

The company’s net sales for the period were $2.84M, up 1421.11%. Net sales in the previous year were $0.1867M.