Rayence reports Full Year 2022 Results

Rayence, a company specialized in digital X-ray imaging solutions, has announced its 2022 fiscal results.

The annual revenue increased 9.3% to 147.1bn KRW and operating profits increased 8.6% to 26.1bn KRW. The operating profit ratio recorded 17.8%, and Profit before income tax and Net income rose 28.1% to 26bn KRW and 60.5% to 22.6bn KRW respectively.

The sales of industrial detectors rose 47%, and vet detectors increased 20% compared to the previous year. The sales of dental detectors rose 8% year-on-year.