Navigation Links
Huiheng Medical, Inc. Reports Record Financial Results for Fiscal Year 2007 and Financial Results for Q1 2008
Date:5/16/2008

2.24 million, an increase of $9.39 million or 329% compared to our revenue backlog from product sales of approximately $2.85 million for as of March 31, 2007.

The increase in our product sales backlog in the first quarter of 2008 was due to a high demand for products as well as installation delays in the first quarter of 2008 due to the snowstorms and bad weather over that period. The backlog orders are not cancellable and the Company expects that all of them will be filled in 2008.

Cost of revenues

For the three months ended March 31, 2008 the total cost of revenues amounted to $34,280, a decrease by approximately $1.08 million, compared to roughly $1.12 million for the same period of the prior year. This decrease was due to all the revenues for the period being generated from service contracts and from tax refunds and subsidies, which have minimal associated direct costs.

Operating expenses

Sales and marketing expenses. Sales and marketing expenses were $21,888 for the three months ended March 31, 2008, an increase of 79% or roughly $9,626, compared to $12,262 for the same period of the prior year. This increase in sales and marketing expenses resulted from increased sales and marketing activity and increased sales of our radiotherapy units over the period.

General and administrative expenses. General and administrative expenses amounted to $405,765 for the three months ended March 31, 2008, representing an increase of roughly $84,188, or 26%, compared to $321,577 for the same period of the prior year. The increase in general and administrative expenses resulted from an increase in the number of employees that were hired since the end of the first quarter of 2007 to facilitate and manage our rapid growth.

Research and development expenses. Research and development expenses were presented on the statement of income as $96,520 for the three months ended March 31, 2008, an increase of $65,235 or 209% compared to $31,28
'/>"/>

SOURCE Huiheng Medical, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6

Related medicine news :

1. Medical, technological advances prompt updating of nuclear medicine technologists scope of practice
2. Cardiva Medical, Inc. to Present at the UBS 2007 Global Life Science Conference With the Announcement of FDA 510(K) Clearance of its Newest Device: The Boomerang Catalyst II System(TM)
3. Cardiva Medical, Inc. to Present at the UBS 2007 Global Life Science Conference With the Announcement of FDA 510(K) Clearance of its Newest Device: The Boomerang Catalyst II System(TM)
4. Thermage, Inc. Announces Distribution Agreement With Eclipse Medical, Ltd.
5. Medical, Behavioral Woes Can Drive Dogs to Bite
6. ReBuilder Medical Technologies, Inc. Announces UK Demand for Safe Molluscum Contagiosum Treatment Leads to Distribution Agreement with UFFE Medical, LTD. Expected 10% Sales Increase.
7. Sedgwick CMS and UnitedHealth Group to Develop Integrated Disability, Medical, Workers Compensation and Leave Administration Services for Employers
8. Emmaus Medical, Inc. Enters Into Sub-License Agreement for Treatment of Short Bowel Syndrome
9. XCPT(TM) Patient Engagement and Communication Software Signs Representation Agreement with Lifecore Biomedical, Inc. (Nasdaq: LCBM)
10. Gary Tschautscher of Nonin Medical, Inc. Receives CEO of 2007 for North American Patient Monitoring From Frost & Sullivan
11. Cardiva Medical, Inc. Appoints Two New Officers: Malcolm Farnsworth as Vice President of Finance and Chief Financial Officer and Tara Zerby as Vice President of Business Development and Marketing
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/30/2015)... Angeles, CA (PRWEB) May 30, 2015 ... Caregiver Services in coordination with ONEgeneration Senior Enrichment Center, ... Area Manager Raymond de Guzman and Brain Fitness Program ... who joined this event learned that there are many ... Director Tee Bar showed the residents the different ways ...
(Date:5/30/2015)... 30, 2015 The iconic American actor, ... be hosting a new segment on Medical Malpractice. This ... medical malpractice in the health care field. , According ... of medical malpractice suits were filed, roughly only 20% ... settled out of court, while the remaining 30% were ...
(Date:5/30/2015)... The IRS released an official statement ... used taxpayer-specific data acquired from non-IRS sources to gain ... through IRS’ “Get Transcript” application. This data included Social ... , “You don’t even have to be in the ... only a matter of time, especially after all the ...
(Date:5/29/2015)... 2015 What does community do? , ... community comes together to plant gardens, to teach young ... awareness of critical issues. Community invites everyone to help ... , "What Community Does" was commissioned by The Denver ... and released during the foundation’s Annual Celebration in May. ...
(Date:5/29/2015)... Abinton, PA (PRWEB) May 29, 2015 ... selected to be among the first hospitals in ... to enhance maternity care practices and work ... is a hospital-based quality-improvement initiative focusing on maternity ... the Centers for Disease Control and Prevention, EMPower ...
Breaking Medicine News(10 mins):Health News:1Heart Caregiver Services Brings Brain Fitness Education Seminar at ONEgeneration 2Health News:1Heart Caregiver Services Brings Brain Fitness Education Seminar at ONEgeneration 3Health News:IRS Attack Exemplifies the Compounding Dangers of Stolen Personal Data 2Health News:IRS Attack Exemplifies the Compounding Dangers of Stolen Personal Data 3Health News:IRS Attack Exemplifies the Compounding Dangers of Stolen Personal Data 4Health News:IRS Attack Exemplifies the Compounding Dangers of Stolen Personal Data 5Health News:What Community Does: A New Video from The Denver Foundation 2Health News:Abington Hospital Selected to Join Baby-Friendly Hospital Initiative 2
... its way into the human system when eaten -- and seems ... compound, called sialic acid, is found on the surfaces of animal ... reason why animal-to-human organ and tissue transplants do not work well. ... ,But researchers at have found it does show up in the ...
... hepatitis A may not really be necessary. Studies done indicate ... the virus long after// detectable levels of antibodies to the ... around the world, with about 1.4 million new cases identified ... developed countries, where vaccination programs have been in place for ...
... herbal supplement thought to have anti-cancer properties and to ... people cope with stress.,Previous studies suggest it is regularly ... ,Studies done, found up to 10 percent ... recent survey found about 9 percent of pregnant women ...
... intense genetic sequencing, more than 150 species, mostly bacteria, have ... journal Science is the first for a companion animal. // ... pet of gene researcher J. Craig Venter, provided the specimen ... ,"Shadow is now one of history's most valuable dogs," said ...
... have a greater risk of developing blood clots, but a ... steps to prevent the clots from forming.// ,Researchers ... the doctors were aware of the risk of blood clots ... 40 percent of the doctors who were surveyed treated their ...
... are the basic building blocks of animals, forming in the new ... the fetus grows. Researchers have grown stem cells into many ... first time a sperm cell has been developed, the scientists said. ... the laboratory with mouse stem cells. The next step would be ...
Cached Medicine News:Health News:Same molecule found in meat, milk, tumors 2Health News:Dog DNA reveals man's link with best friend, 2
(Date:5/29/2015)... Research and Markets ( http://www.researchandmarkets.com/research/p37spr/north_america ) has ... System MRI Market - Growth, Trends And Forecasts (2014 ... The key players in the industry are GE , ... Toshiba Medical Systems MRI is ... of its higher sensitivity and use of non-ionizing radiations. ...
(Date:5/29/2015)... SPARTANBURG, South Carolina , May 29, 2015 /PRNewswire/ ... Health have announced a collaboration designed to provide therapeutic ... the majority of cancer patients living in U.S. communities. ... Molecular Health to harness the power of big data ... of thousands of patients to enable ,accrual on demand, ...
(Date:5/29/2015)... BRAINTREE, Mass. , May 29, 2015  Haemonetics ... Kent Davies , Chief Operating Officer, will present at ... New York on June 23 rd , ... public may access Mr. Davies, presentation live via webcast ... Haemonetics (NYSE: HAE ) is a global ...
Breaking Medicine Technology:North America Open System MRI Market 2014-2019 with GE, Hitachi Medical, Philips Healthcare, Siemens Healthcare and Toshiba Medical Dominating 2New Collaboration to Dramatically Expand Therapeutic Clinical Trial Access for Cancer Patients Across the United States 2New Collaboration to Dramatically Expand Therapeutic Clinical Trial Access for Cancer Patients Across the United States 3New Collaboration to Dramatically Expand Therapeutic Clinical Trial Access for Cancer Patients Across the United States 4
... MDX-1100 at Digestive Disease Week ... ... MEDX ) announced today that it has initiated the Phase 2 clinical,development ... as IP-10), in ulcerative colitis (UC) and,rheumatoid arthritis (RA). MDX-1100 could potentially ...
... emergency,veterinary team from the World Society for the Protection ... to enter cyclone struck,Myanmar to assess and then relieve ... on for food and their livelihoods., WSPA is ... the United Nations (FAO) while preparing its Rapid,Assessment and ...
Cached Medicine Technology:Medarex Announces Initiation of Phase 2 Clinical Trials for the Treatment of Ulcerative Colitis and Rheumatoid Arthritis 2Medarex Announces Initiation of Phase 2 Clinical Trials for the Treatment of Ulcerative Colitis and Rheumatoid Arthritis 3Medarex Announces Initiation of Phase 2 Clinical Trials for the Treatment of Ulcerative Colitis and Rheumatoid Arthritis 4Animals That Cyclone Survivors Depend on Need Help Now 2
Shielding's new Surgical Drop Away / Flex Back Apron offers top of the shoulder velcro flaps for an adjustable fit. Features elastic back panels for added comfort and support. For quick removal apron...
Shielding's Standard Coat Apron with open back allows for freedom of movement, maximum flexibility and increased comfort....
This set includes 2 small, 1 medium, 1 large gonad shields and a belt. The shields and belt is an interchangeable system attached by velcro....
Lap pad used to protect pelvic regions...
Medicine Products: