Innovation Medical Management Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 01:23 pm EDT
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Innovation Medical Management Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 152.545 million compared to CNY 238.392 million a year ago. Operating loss was CNY 35.640 million compared to operating Income of CNY 46.340 million a year ago. Net loss was CNY 36.481 million compared to net income of CNY 33.964 million a year ago. Basic loss per share from continuing operations was CNY 0.08 compared to basic earnings per share from continuing operations of CNY 0.07 a year ago.
Innovative Medical Management Co Ltd, formerly Pure Pearl Group Co., Ltd., is a China-based company principally engaged in the provision of medical services. Through owning the interests of its subsidiaries, the Company provides medical services in key specialists, including burns, lumbar disc, breast, neurology, cardiovascular medicine and others, as well as in special specialists, such as obstetrics and gynecology, urology, nephrology and endoscopy, ophthalmology and others. The Company is also engaged in the cultivation, processing and distribution of pearls. Its products include pearls, accessories and health care products. The Company mainly conducts its businesses in domestic market.
INNOVATIVE MEDICAL MANAGEMENT CO.,LTD. 
