Touchstone International Medical Science Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 12:11 am IST
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Touchstone International Medical Science Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 50.63 million compared to CNY 45.83 million a year ago. Revenue was CNY 50.63 million compared to CNY 45.83 million a year ago. Net income was CNY 7.27 million compared to CNY 12.94 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.16 a year ago. Diluted earnings per share from continuing operations was CNY 0.09 compared to CNY 0.16 a year ago.
Touchstone International Medical Science Co Ltd is a China-based company mainly engaged in research, development, innovation, production and sales of high-end surgical staplers. The Company's products include tubular staplers, endoscopic staplers, linear cutting staplers, purse-string staplers and linear suture staplers. Its products are used in the surgical fields of cardiothoracic surgery, gastrointestinal surgery, hepatobiliary spleen and pancreatic surgery, general surgery and urology. The Company conducts its businesses within the China market and to overseas markets such as Italy, Spain, Austria, Brazil, South Korea, the United Kingdom and Australia.