Contec Medical Systems Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024
April 28, 2024 at 01:07 pm IST
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Contec Medical Systems Co.,Ltd reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 99.18 million compared to CNY 368.7 million a year ago. Net income was CNY 4.35 million compared to CNY 170.05 million a year ago.
Basic earnings per share from continuing operations was CNY 0.0108 compared to CNY 0.4232 a year ago.
Contec Medical Systems Co Ltd is a China-based company mainly engaged in the research, development, production and sales of medical diagnostic and monitoring equipment. The Companyâs products cover oximeter, electrocardiography (ECG), ultrasound equipment, monitor, sphygmomanometer, etc., including desktop oximeters, multi-parameter patient monitors, electrocardiographs, ultrasound Doppler fetal heart rate monitors, ambulatory blood pressure monitors and dynamic electroencephalogram, etc. Its products are used in hospitals at all levels, outpatient departments, community health service centers, village clinics, physical examination centers, elderly care institutions, family and individuals, enterprises and institutions and many other occasions. The Company operates its businesses within the domestic market and to overseas markets such as United States, the European Union, Japan, South Africa.