CU Medical Systems, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 01:22 pm IST
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CU Medical Systems, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported negative sales was KRW 0.00049 million compared to sales of KRW 0.00017 million a year ago. Net income was KRW 4,705.13 million compared to net loss of KRW 0.29572 million a year ago. Basic earnings per share from continuing operations was KRW 104. Diluted earnings per share from continuing operations was KRW 103. Basic earnings per share was KRW 104. Diluted earnings per share was KRW 103.
For the nine months, sales was KRW 0.00079 million compared to KRW 0.00006 million a year ago. Net income was KRW 11,373.82 million compared to KRW 312.22 million a year ago. Basic earnings per share from continuing operations was KRW 253 compared to KRW 10 a year ago. Diluted earnings per share from continuing operations was KRW 252 compared to KRW 10 a year ago. Basic earnings per share was KRW 253 compared to KRW 10 a year ago. Diluted earnings per share was KRW 252.
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.