Winner Medical Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 08:18 am EDT
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Winner Medical Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 2,322.34 million compared to CNY 2,268.54 million a year ago. Revenue was CNY 2,322.34 million compared to CNY 2,268.54 million a year ago. Net income was CNY 357.1 million compared to CNY 480.58 million a year ago. Basic earnings per share from continuing operations was CNY 0.84 compared to CNY 1.13 a year ago. Diluted earnings per share from continuing operations was CNY 0.84 compared to CNY 1.13 a year ago.
Winner Medical Co Ltd is a China-based company mainly engaged in the research and development, production and sales of cotton products. The Company's products mainly include medical dressings such as imitation gauze sheets and gauze pads; pure cotton soft towels, pure cotton wet wipes, cotton surface sanitary napkins and other healthy consumer products; and cotton spunlace non-woven fabrics. The Company's products are applied in medical and health, personal care, home care, maternal and child care, and home textiles. The Company distributes its products under two major brands, including winner and Purcotton. The Company distributes its products in domestic market and to overseas markets.