Golden Meditech Holdings Limited operates in the Surgical and medical instruments sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Golden Meditech Holdings Limited with three other
medical equipment manufacturers in Asia:
Medtecs International Corporation Limited
sales of 79.55 million Singapore Dollars [US$56.91 million]
Jiangxi Sanxin Medtec Co Ltd
(317.77 million Chinese Renmimbi [US$46.17 million]
of which 100%
was Medical Equipment), and
Radiant Innovation Inc.
based in Taiwan
(828.17 million Taiwanese Dollars [US$27.16 million]
of which 56%
was Ear Thermometer).
Sales fell dramatically in 2016:
Golden Meditech Holdings Limited reported sales of HK$281.56 million (US$36.26 million)
March of 2016.
decrease of 73.2%
versus 2015, when the company's sales were HK$1.05 billion.
Contributing to the drop in overall sales was the 10.5% decline
in Chinese Herbal Medicine, from HK$5.89 million to HK$5.27 million.
There were also decreases in sales in
Medical Devices (down 3.9% to HK$168.71 million)
Hospital Management (down 5.9% to HK$59.69 million)
However, these declines were partially offset by the increase in sales of
Medical Insurance Administration (up 1.5% to HK$5.93 million)