SonoScape, Q3 2020, Sales Results

Image Credit: Twitter @SonoScape_EU (ECR 2017)

On October 28th, SonoScape, the Chinese originated manufacturer of medical equipment, published its financial results for Q3 2020. These show that sales continued to contract during the third quarter, although the decline slowed relative to the prior quarter. Total sales reached CN¥0.23 bn, compared with CN¥0.25 bn during Q3 2019, a decrease of approximately -8% year-on-year. This took cumulative 2020 sales to CN¥0.71 bn, compared with CN¥0.79 bn during 2019, a decrease of approximately -10% year-on-year.