Guangzhou Improve Medical Instruments Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 24, 2020 at 04:01 am EDT
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Guangzhou Improve Medical Instruments Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 147.396 million compared to CNY 110.983 million a year ago. Operating income was CNY 13.262 million compared to CNY 6.829 million a year ago. Net income was CNY 10.978 million compared to CNY 4.511 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.01 a year ago.
Improve Medical Instruments Co Ltd, formerly Guangzhou Improve Medical Instruments Co Ltd, is a China-based company mainly engaged in the production and sales of medical equipment. The Company is also engaged in the financial leasing business of medical equipment. The Company's products include vacuum blood collection systems, liquid biopsy tubes, automatic blood collection tube detachers, thromboelastometers and reagents, hospital intelligent blood collection management systems, sub-medical record systems (EMR) and others. The Company's products also include masks, instruments, reagents and others. The Company's products are exported to Russia, Saudi Arabia, Brazil, South Korea and other countries and regions.
IMPROVE MEDICAL INSTRUMENTS CO., LTD. 
