Micro-Tech Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 08:12 am EDT
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Micro-Tech (Nanjing) Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 442.69 million compared to CNY 393.52 million a year ago. Revenue was CNY 442.69 million compared to CNY 393.52 million a year ago. Net income was CNY 43.37 million compared to CNY 66.85 million a year ago. Basic earnings per share from continuing operations was CNY 0.2316 compared to CNY 0.3581 a year ago. Diluted earnings per share from continuing operations was CNY 0.2289 compared to CNY 0.3581 a year ago.
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 
