Innovation Medical Management Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 07:32 am EDT
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Innovation Medical Management Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 171.29 million compared to CNY 161.39 million a year ago. Revenue was CNY 171.29 million compared to CNY 161.39 million a year ago. Net loss was CNY 14.24 million compared to CNY 24.05 million a year ago. Basic loss per share from continuing operations was CNY 0.03 compared to CNY 0.05 a year ago. Diluted loss per share from continuing operations was CNY 0.03 compared to CNY 0.05 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.