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Dehaier Medical Systems Q2 Revenue Up 46% to $4.83 Million; Net Income Up 59% to 1.14 Million; EPS 0.27
Date:8/16/2010

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Dehaier Medical Systems Q2 Revenue Up 46% to $4.83 Million; Net Income Up 59% to 1.14 Million; EPS 0.27

   

Company Continues to Expand Marketing Strategies


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BEIJING, Aug. 16 /PRNewswire-Asia-FirstCall/ -- Dehaier Medical Systems Ltd. (Nasdaq: DHRM), an emerging leader in the development, assembly, marketing and sale of medical devices and homecare medical products in China, today reported financial results for its second quarter 2010 ended June 30, 2010.

(Logo: http://photos.prnewswire.com/prnh/20100422/CNTH001LOGO ) (Logo: http://www.newscom.com/cgi-bin/prnh/20100422/CNTH001LOGO ) Q2 2010 Financial Highlights -- Revenue for the second quarter ended June 30, 2010 increased 46% to $4.83 million from $3.31 million in the same quarter a year ago reflecting the increased acceptance of the company's products among hospitals and other healthcare facilities. Expanded product lines also contributed to the revenue growth. -- Gross profit increased 46% to $1.92 million for Q2 FY'10 from
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