CU Medical Systems, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:02 am EST
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CU Medical Systems, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported negative sales was KRW 0.00041 million compared to KRW 0.00049 million a year ago. Net income was KRW 744.66 million compared to KRW 4,705.13 million a year ago. Basic earnings per share from continuing operations was KRW 15 compared to KRW 104 a year ago. Diluted earnings per share from continuing operations was KRW 15 compared to KRW 103 a year ago. Basic earnings per share was KRW 15 compared to KRW 104 a year ago.
For the nine months, negative sales was KRW 0.00041 million compared to sales of KRW 0.00079 million a year ago. Net income was KRW 969.15 million compared to KRW 11,373.82 million a year ago. Basic earnings per share from continuing operations was KRW 20 compared to KRW 253 a year ago. Diluted earnings per share from continuing operations was KRW 20 compared to KRW 252 a year ago. Basic earnings per share was KRW 20 compared to KRW 253 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.