Ningbo David Medical Device Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 26, 2020 at 04:28 am EDT
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Ningbo David Medical Device Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 316.668 million compared to CNY 236.636 million a year ago. Operating income was CNY 138.067 million compared to CNY 47.862 million a year ago. Net income was CNY 126.565 million compared to CNY 40.344 million a year ago. Basic earnings per share from continuing operations was CNY 0.4395 compared to CNY 0.1401 a year ago.
Ningbo David Medical Device Co Ltd is a China-based company mainly engaged in the research, development, production and sales of medical devices. The Company operates primarily through three segments. The Pediatric and Obstetric Care Equipment segment is mainly engaged in the research and development, production and sales of pediatric and obstetric care equipment. The Minimally Invasive Surgical Instruments segment is mainly engaged in the production and sales of special tools and equipment for minimally invasive surgeries. The Other segment is primarily engaged in the production and sales of emergency surgery and intensive care unit (ICU) medical equipment and instruments. The Company's products mainly include infant incubators, infant radiant warming tables, neonatal jaundice treatment equipment, jaundice detection equipment, electric endoscopic staplers, manual endoscopic staplers and open series staplers. The Company mainly conducts its businesses in the domestic market.
NINGBO DAVID MEDICAL DEVICE CO., LTD. 
