CU Medical Systems, Inc. Reports Earnings Results for the First Quarter of 2016
May 15, 2016 at 06:52 am EDT
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CU Medical Systems, Inc. reported earnings results for the first quarter of 2016. For the quarter, the company reported sales of KRW 10,105 million against KRW 5,897 million a year ago. Operating income was KRW 265 million against KRW 596 million a year ago. Profit from continuing operation before corporate income tax was KRW 24 million against KRW 660 million a year ago. Net income was KRW 23 million against KRW 541 million a year ago.
CU MEDICAL SYSTEMS, INC. is a Korea-based company mainly engaged in the development, manufacture and marketing of medical equipment. The Company's product portfolio consists of medical equipment used for emergency care, utility health (U-Health) care and rehabitation care. Its emergency care equipment includes defibrillators, automated external defibrillator (AED) trainers, mannequins and data management software. Its U-Health care equipment includes telemetry systems, AED management systems and wearable electrocardiogram (ECG) sensors. Its rehabitation care equipment includes neuromuscular electrical stimulators. The Company distributes its products within domestic market and to overseas markets.