Ningbo David Medical Device Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
February 08, 2021 at 03:20 am
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Ningbo David Medical Device Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 459.530 million compared to CNY 356.352 million a year ago. Operating income was CNY 147.801 million compared to CNY 72.008 million a year ago. Net income was CNY 136.190 million compared to CNY 62.056 million a year ago. Basic earnings per share from continuing operations was CNY 0.47 compared to CNY 0.22 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.