iRay Technology, Q2 2021, Sales Results

On the 4th of August, iRay Technology, the Chinese X-ray detector manufacturer, published its financial results for Q2 2021. These show that sales continued to growth at an explosive pace during the quarter, following a period of prolonged sales growth despite the COVID-19 pandemic. Quarterly sales reached CNY 332.3m, compared with CNY 249.9m in Q2 2020, an increase of approximately +33% year-on-year. This took cumulative 2021 sales to CNY 555.7m, compared with CNY 385m in H1 2020, an increase of approximately +44% year-on-year.

In H1 2021, detector product sales accounted for approximately 96% of total company revenues, with approximately 62% originating from customers based in China and 38% from exports.

X-ray Detector Market Research Products

For more detailed analysis of the iRay detector portfolio as well as analysis on the global market for X-ray detectors, PMI is due to publish the following report by the 31st August 2021:

In addition, the following X-ray detector market research products are available: