Micro-Tech Nanjing Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 19, 2021 at 09:47 am EDT
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Micro-Tech Nanjing Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 393.518 million compared to CNY 246.764 million a year ago. Operating income was CNY 81.327 million compared to CNY 49.843 million a year ago. Net income was CNY 66.848 million compared to CNY 47.376 million a year ago. Basic earnings per share from continuing operations was CNY 0.5013 compared to CNY 0.3553 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 
