Tianshuo Medical's 2020 net profit increased by 44.31% by 43.184 million and sales revenue increased

2021/05/0823:28:52 finance 544
On May 8, Tianshuo Medical (872677) recently released the 2020 annual report. During the reporting period, the company achieved operating income of 378,941,692.63 yuan, a year-on-year increase of 16.04%; net profit attributable to shareholders of the listed company was 43,184,815.69 yuan, a year-on-year increase of 44.31 yuan %.

During the reporting period, the net cash flow from operating activities was -61,956,733.49 yuan, and as of the end of 2020, the net assets attributable to shareholders of the listed company were 196,716,618.89 yuan.

During the reporting period, the operating profit was RMB 58,275,434.10, a year-on-year increase of RMB 18,996,700, which was due to the expansion of the company's scale, the sales revenue increased by 16.04%, and the turnover increased by RMB 52,368,000, resulting in a 48.36% increase in operating profit. The net profit was 43,184,815.69 yuan, an increase of 13,259,400 compared with the same period last year, mainly due to the increase in the company's operating income and the increase in the proportion of glove income with higher gross profit margins, resulting in a larger increase in net profit. According to

digbei.com, Tianshuo Medical's main products and services include production and sales of disposable sterilized rubber surgical gloves, disposable medical rubber examination gloves and sales of natural latex.

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