Guangzhou Improve Medical Instruments Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
February 26, 2020 at 02:29 pm IST
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Guangzhou Improve Medical Instruments Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 575.061 million compared to CNY 549.963 million a year ago. Operating income was CNY 37.575 million compared to operating loss of CNY 144.318 million a year ago. Net income was CNY 26.024 million compared to net loss of CNY 136.801 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to basic loss per share from continuing operations of CNY 0.44 a year ago.
Improve Medical Instruments Co Ltd, formerly Guangzhou Improve Medical Instruments Co Ltd, is a China-based company mainly engaged in the production and sales of medical equipment. The Company is also engaged in the financial leasing business of medical equipment. The Company's products include vacuum blood collection systems, liquid biopsy tubes, automatic blood collection tube detachers, thromboelastometers and reagents, hospital intelligent blood collection management systems, sub-medical record systems (EMR) and others. The Company's products also include masks, instruments, reagents and others. The Company's products are exported to Russia, Saudi Arabia, Brazil, South Korea and other countries and regions.
IMPROVE MEDICAL INSTRUMENTS CO., LTD. 
