Healthcare Aug 20, 2020 01:33 PM (GMT+8) · EqualOcean
Allmed Medical(002950:SZ), a Chinese tier-one OEM manufacturer and exporter of wound care products, released the 1H 2020 financials. The company realized a revenue of CNY 2,256 million and net profits of CNY 712 million, up 106.04% and 536.45%, respectively. The COVID-19 pandemic has considerably boosted the global market demand for traditional wound care products, including gauze swabs, non-woven swabs, lap sponges, fluffy bandages, abdominal pads, non-stick pads, adhesive bandages, elastic bandages, impregnated gauzes, medical kits and disposable drapes, etc.