Ningbo David Medical Device Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 27, 2020 at 09:19 am
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Ningbo David Medical Device Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 76.819 million compared to CNY 67.536 million a year ago. Operating income was CNY 18.132 million compared to CNY 11.622 million a year ago. Net income was CNY 14.610 million compared to CNY 9.760 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to CNY 0.03 a year ago.
Ningbo David Medical Device Co Ltd is a China-based company mainly engaged in the research, development, production and sales of medical devices. The Company operates primarily through three segments. The Pediatric and Obstetric Care Equipment segment is mainly engaged in the research and development, production and sales of pediatric and obstetric care equipment. The Minimally Invasive Surgical Instruments segment is mainly engaged in the production and sales of special tools and equipment for minimally invasive surgeries. The Other segment is primarily engaged in the production and sales of emergency surgery and intensive care unit (ICU) medical equipment and instruments. The Company's products mainly include infant incubators, infant radiant warming tables, neonatal jaundice treatment equipment, jaundice detection equipment, electric endoscopic staplers, manual endoscopic staplers and open series staplers. The Company mainly conducts its businesses in the domestic market.
NINGBO DAVID MEDICAL DEVICE CO., LTD. 
