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

5 in the same period of the prior year. The increase was due to a higher amount of research and development activity over the period.

Net income

For the three months ended March 31, 2008, the Company's net income amounted to $773,670, a decrease of approximately $1.40 million compared to roughly $2.18 million for the prior year. This decrease was attributable to no revenues from product sales being recognized over the period.

Comprehensive income

For the three months ended March 31, 2008, the Company's comprehensive income, which reflects the change in currency translations on the net income, amounted to approximately $1.37 million, a decrease by $839,038 compared to approximately $2.21 million for the prior year.

Balance Sheet

As of March 31, 2008, the Company had total assets of $19.71 million, of which cash amounted to $625,027, accounts receivable amounted to $8.67 million, prepayment and other receivables amounted to $4.54 million, inventories amounted to $1.24 million, and amounts due from related parties totaled $775,528. Working capital was approximately $13.21 million. The quick ratio was approximately 5.52:1.

About Huiheng Medical, Inc.

Huiheng is a leader in the development, sales and support of advanced radiation oncology equipment in China. The Company maintains strong research and development capabilities and has developed partnerships with a number of China's leading universities, including Beijing University and China Science & Technology University.

Cautionary Statement Regarding Forward Looking Information

The foregoing compilation relates to Huiheng Medical, Inc. (HHGM) and contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 which involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Words like "anticipate," "believe,"
'/>"/>

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:11/28/2014)... (PRWEB) November 28, 2014 Before that Thanksgiving ... already preparing for the Christmas shopping season. Today, people will ... on Black Friday, the biggest retail shopping day of the ... or electronic device, New Albany dentist Dr. Ronald ... can improve oral health and literally brighten a few smiles. ...
(Date:11/28/2014)... November 28, 2014 talklocal ( ... to the right service professionals by phone in about 90 ... at least two tornadoes were reported to have touched down ... damage was reported following the tornadoes, Denver residents now know ... unexpected. Having TalkLocal is like having local pros in over ...
(Date:11/28/2014)... 28, 2014 Based in Minneapolis, MN, ... on delivering exemplary solutions to the income and asset ... In an effort to extend its reach across the ... protection, Secura Consultants has brought aboard financial service industry ... am a big believer in specialization. When I decided ...
(Date:11/28/2014)... This report presents a comprehensive investigation ... definite portrayal of the North American commercial center. ... variables driving the development of the business coupled ... of the business. , Complete report available ... the report "Worldwide Dental Report: 2014 Edition", low ...
(Date:11/28/2014)... CA (PRWEB) November 28, 2014 Top10inaction.com, ... officially announced the Best Styling Tools For Hair in ... hair styling tools, such as T3 Featherweight 2 Hair ... Dryer 2000, were listed. , With the significant increase ... devices become popular, but also home-used hair styling tools ...
Breaking Medicine News(10 mins):Health News:New Albany Dentist Offers Gift Ideas That Can Improve Oral Health 2Health News:New Albany Dentist Offers Gift Ideas That Can Improve Oral Health 3Health News:New Albany Dentist Offers Gift Ideas That Can Improve Oral Health 4Health News:TalkLocal Launches In Denver A Week After Multiple Tornadoes Hit Near City 2Health News:Matt Lee, CLU, ChFC Joins Secura Consultants as New Brokerage Consultant 2Health News:Global Dental Market Report 2014 Edition Now Available at MarketReportsOnline.com 2Health News:Global Dental Market Report 2014 Edition Now Available at MarketReportsOnline.com 3Health News:T3 Featherweight 2 Hair Dryer Is Named As Best Hair Styling Tool 2
... Md., Dec. 7, 2011 A research team led by scientists ... this week showing how a bacterium, Helicobacter pylori , that ... been implicated in stomach cancer has managed for eons to turn ... it can thrive. Writing in a Journal of Biological ...
... recognize the following scenario: Their favorite player scores a three-point ... ball. But does the fact that he scored the last ... it change the probability that he will score again? ... Neiman at the Hebrew University in Jerusalem shatters the myth ...
... TUESDAY, Dec. 6 (HealthDay News) -- A woman,s risk of ... or is obese after age 60, a new study indicates. ... risk, but "the diabetes link had not been clearly shown," ... Lund University in Lund, Sweden. He is scheduled to ...
... symptoms following birth also reported intimate partner violence finds a ... International Journal of Obstetrics and Gynaecology . The study ... symptoms first reported this at six months after birth or ... abuse) in the perinatal period is associated with a range ...
... - Accelerated partial breast irradiation (APBI) brachytherapy, the ... as a treatment choice for women with early-stage ... later mastectomy, increased radiation-related toxicities and post-operative complications, ... to researchers from The University of Texas MD ...
... Supercomputer simulations at the Department of Energy,s Oak Ridge ... key class of proteins involved in drug detoxification. ... affiliated with ORNL and the University of Tennessee, have ... in a class of enzymes called P450s. Certain types ...
Cached Medicine News:Health News:Closing in on an ulcer- and cancer-causing bacterium 2Health News:Closing in on an ulcer- and cancer-causing bacterium 3Health News:Heads up Kobe Bryant! Research shows that trying for another 3-pointer is a mistake 2Health News:Diabetes, Obesity After 60 May Drive Up Breast Cancer Risk 2Health News:Depressive symptoms and intimate partner violence in the 12 months after childbirth 2Health News:Study finds side effects, complications, mastectomy more likely after partial breast irradiation 2Health News:Study finds side effects, complications, mastectomy more likely after partial breast irradiation 3Health News:Supercomputer reveals new details behind drug-processing protein model 2
(Date:11/26/2014)...  Cohen, Placitella & Roth, PC is investigating ... Nymox Pharmaceutical Corporation ("Nymox" or "Company") (NASDAQ: ... 31, 2011 through November 2, 2014 ("Class Period").  ... its officers and directors publically disseminated materially false ... and 20(a) of the Securities Exchange Act of ...
(Date:11/26/2014)... VIEJO, Calif. , Nov. 26, 2014 /PRNewswire/ ... announced that the U.S. Food and Drug Administration ... its New Drug Application (NDA) for AVP-825. AVP-825 ... low-dose sumatriptan powder delivered intranasally utilizing a novel ... the Complete Response letter, and consistent with the ...
(Date:11/26/2014)...  BioScrip ® , Inc. (NASDAQ: BIOS ) announced ... Officer, will present at the Bank of America Merrill Lynch 2014 ... Date: , , , Wednesday, December 3, 2014 , , ... , , , Location: , , , Boca Raton Resort and ... BioScrip, Inc. is a leading national provider ...
Breaking Medicine Technology:Cohen, Placitella & Roth, PC Investigating Nymox Pharmaceutical Corporation for Failing to Disclose Material Information 2Cohen, Placitella & Roth, PC Investigating Nymox Pharmaceutical Corporation for Failing to Disclose Material Information 3Avanir Pharmaceuticals Receives Complete Response Letter (CRL) from FDA on AVP-825 NDA 2Avanir Pharmaceuticals Receives Complete Response Letter (CRL) from FDA on AVP-825 NDA 3Avanir Pharmaceuticals Receives Complete Response Letter (CRL) from FDA on AVP-825 NDA 4
... Craneware, Inc., the market leader in automated revenue ... with Kingman Regional Medical Center, a 235-bed non-profit ... of the nation,s five star hospitals in community ... InSight Denials® to the range of Craneware Revenue ...
... Vanda Pharmaceuticals Inc. (Vanda) (NASDAQ: VNDA ), ... of products for central nervous system disorders, today announced ... will deliver a corporate presentation on Thursday, June 9, ... will take place as part of the Jefferies 2011 ...
Cached Medicine Technology:Kingman Adds Craneware Revenue Integrity Solution - InSight Denials® 2Kingman Adds Craneware Revenue Integrity Solution - InSight Denials® 3Kingman Adds Craneware Revenue Integrity Solution - InSight Denials® 4
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
Medicine Products: