Shanghai Kinetic Medical Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
April 26, 2021 at 12:33 pm EDT
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Shanghai Kinetic Medical Co. Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,061.574 million compared to CNY 1,222.288 million a year ago. Operating loss was CNY 87.191 million compared to operating Income of CNY 359.225 million a year ago. Net loss was CNY 126.536 million compared to net income of CNY 302.327 million a year ago. Basic loss per share from continuing operations was CNY 0.175 compared to basic earnings per share from continuing operations of CNY 0.4189 a year ago.
Shanghai Kinetic Medical Co., Ltd is a China-based company principally engaged in the research, development, manufacture and sale of minimally invasive surgical systems. The Company is mainly engaged in the research, development, manufacture and sale of minimally invasive interventional surgical systems for vertebroplasty, the research, development, manufacture and sale of orthopedic medical devices, such as orthopedic implants and orthopedic surgical instruments, as well as the development, manufacture and sale of drug-eluting coronary stents. The Company operates its business in domestic market.
SHANGHAI KINETIC MEDICAL CO., LTD 
