Contec Medical Systems Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 04:14 am EDT
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Contec Medical Systems Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 183.24 million compared to CNY 260.01 million a year ago. Revenue was CNY 183.24 million compared to CNY 260.01 million a year ago. Net income was CNY 73.31 million compared to CNY 114.81 million a year ago. Basic earnings per share from continuing operations was CNY 0.1825 compared to CNY 0.2858 a year ago.
Contec Medical Systems Co Ltd is a China-based company mainly engaged in the research, development, production and sales of medical diagnostic and monitoring equipment. The Companyâs products cover oximeter, electrocardiography (ECG), ultrasound equipment, monitor, sphygmomanometer, etc., including desktop oximeters, multi-parameter patient monitors, electrocardiographs, ultrasound Doppler fetal heart rate monitors, ambulatory blood pressure monitors and dynamic electroencephalogram, etc. Its products are used in hospitals at all levels, outpatient departments, community health service centers, village clinics, physical examination centers, elderly care institutions, family and individuals, enterprises and institutions and many other occasions. The Company operates its businesses within the domestic market and to overseas markets such as United States, the European Union, Japan, South Africa.