Ningbo David Medical Device Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 25, 2021 at 04:09 am EDT
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Ningbo David Medical Device Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 325.81 million compared to CNY 316.67 million a year ago. Revenue was CNY 325.81 million compared to CNY 316.67 million a year ago. Net income was CNY 67.42 million compared to CNY 126.57 million a year ago. Basic earnings per share from continuing operations was CNY 0.2341 compared to CNY 0.4395 a year ago. Diluted earnings per share from continuing operations was CNY 0.2341 compared to CNY 0.4395 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.