Euro-Med Laboratories Phil., Inc. Reports Earnings Results for the Full Year Ended December 31, 2019
June 28, 2020 at 10:37 pm EDT
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Euro-Med Laboratories Phil., Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was PHP 5,688.112 million compared to PHP 5,207.826 million a year ago. Net income was PHP 388.875 million compared to PHP 373.911 million a year ago. Basic earnings per share was PHP 0.09 compared to PHP 0.09 a year ago.
Euro-Med Laboratories Phil., Inc. is a Philippines-based company, which is engaged in the manufacturing of pharmaceutical products, such as large and small-volume parenteral and other solutions, inhalation, irrigation, and dialysis. It also manufactures sterile water for injection, and other solutions, such as ophthalmic, inhalation, irrigation and dialysis. The Company's segments include manufacturing pharmaceutical products, providing health and other care services, and development and operation of quick service restaurants. Its subsidiaries include Hemotek Renal Center, Inc. (Hemotek), and CafeFrance Corp (CafeFrance). Hemotek provides renal and other healthcare services and is engaged as a dialysis center. CafeFrance is engaged in the development and operation of quick service restaurant (QSR). CafeFrance is engaged in operating restaurants, bakeries, food services, catering, food production and other related services incidental thereto.