Micro-Tech Co., Ltd. Provides Earnings Guidance for the First Half of 2020
July 12, 2020
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Micro-Tech (Nanjing) Co., Ltd. provided earnings guidance for the first half of 2020. The company predicts that the net profit belonging to owners of the parent company in the 1st half of 2020 will be about RMB 111,221,700 with a decrease of about RMB 38,958,600 compared with the same period of the year before, with a year-on-year decrease of about 25.94% (based on the disclosed statistics according to relevant regulations). The net profit belonging to owners of the parent company after excluding extraordinary profit and loss will be about RMB 103,462,800 with a decrease of about RMB 45,251,300 compared with the same period of the year before, with a year-on-year decrease of about 30.43% (based on the disclosed statistics according to relevant regulations).
Micro-Tech Nanjing Co Ltd is a China-based company principally engaged in the research and development, manufacturing and sales of minimally invasive medical devices. The Company's main products include three series of endoscopic diagnosis and treatment instruments used with endoscopes, microwave ablation equipment and consumables, and disposable endoscopes. Endoscopic diagnosis and treatment equipment mainly includes biopsy, hemostasis and closure, Endoscopic Mucosal Resection (EMR)/Endoscopic Submucosal Dissection (ESD), dilation, and Endoscopic Retrograde Cholangiopancreatography (ERCP), Endoscopic Ultrasonography (EUS) and Endobronchial Ultrasound (EBUS) products. Microwave ablation mainly includes microwave ablation instrument and microwave ablation needle series products. Disposable endoscope mainly includes disposable biliopancreatic imaging system (choledochoscope) and related consumables and other products.
MICRO-TECH (NANJING) CO.,LTD 
