CU Medical Systems, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 12:39 pm IST
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CU Medical Systems, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 0.00004 million compared to negative sales of KRW 0.0001 million a year ago. Net income was KRW 3,577.78 million compared to net loss of KRW 525.24 million a year ago. Basic earnings per share from continuing operations was KRW 79 compared to basic loss per share from continuing operations of KRW 20 a year ago. Diluted earnings per share from continuing operations was KRW 78 compared to diluted loss per share from continuing operations of KRW 20 a year ago. Basic earnings per share was KRW 79 compared to basic loss per share of KRW 20 a year ago. Diluted earnings per share was KRW 78.
For the six months, negative sales was KRW 0.00072 million compared to KRW 0.00011 million a year ago. Net income was KRW 6,668.68 million compared to KRW 312.52 million a year ago. Basic earnings per share from continuing operations was KRW 148 compared to KRW 12 a year ago. Diluted earnings per share from continuing operations was KRW 146 compared to KRW 12 a year ago. Basic earnings per share was KRW 148 compared to KRW 12 a year ago. Diluted earnings per share was KRW 146.
CU MEDICAL SYSTEMS, INC. is a Korea-based company mainly engaged in the development, manufacture and marketing of medical equipment. The Company's product portfolio consists of medical equipment used for emergency care, utility health (U-Health) care and rehabitation care. Its emergency care equipment includes defibrillators, automated external defibrillator (AED) trainers, mannequins and data management software. Its U-Health care equipment includes telemetry systems, AED management systems and wearable electrocardiogram (ECG) sensors. Its rehabitation care equipment includes neuromuscular electrical stimulators. The Company distributes its products within domestic market and to overseas markets.
CU MEDICAL SYSTEMS, INC. 
