CU Medical Systems, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 12:12 pm IST
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CU Medical Systems, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported negative sales was KRW 0.00071 million compared to sales of KRW 0.00004 million a year ago. Net loss was KRW 2,027.42 million compared to net income of KRW 3,577.78 million a year ago. Basic loss per share from continuing operations was KRW 42 compared to basic earnings per share from continuing operations of KRW 79 a year ago. Diluted loss per share from continuing operations was KRW 42 compared to diluted earnings per share from continuing operations of KRW 78 a year ago. Basic loss per share was KRW 42 compared to basic earnings per share of KRW 79 a year ago.
For the six months, negative sales was KRW 0.00001 million compared to KRW 0.00072 million a year ago. Net income was KRW 224.49 million compared to KRW 6,668.68 million a year ago. Basic earnings per share from continuing operations was KRW 5 compared to KRW 148 a year ago. Diluted earnings per share from continuing operations was KRW 5 compared to KRW 146 a year ago. Basic earnings per share was KRW 5 compared to KRW 148 a year ago.
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. 
