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–Report on: Dehaier Medical Systems
BEIJING, April 8, 2016 /PRNewswire/ — Dehaier Medical Systems Ltd. (Nasdaq: DHRM) (“Dehaier” or the “Company”), which develops, markets and sells medical devices and wearable sleep respiratory products in China and international markets, today announced its selected preliminary, unaudited results for the fiscal year ended December 31, 2015.
For the year ended December 31, 2015, Dehaier expects to report revenues from the continuing operation of approximately $1.32 million, representing a year-over-year decrease of approximately 67.6%.This decrease in revenue was mainly due to weak sales both in our sleep respiratory business and in our traditional medical devices business.
Dehaier expects gross loss from the continuing operation of approximately $58K, compared to gross profit of $1.1 million in 2014. The Company expects gross margin to be approximately negative 4.4%, decreased from positive 27% for the year ended December 31, 2014. This gross loss was attributable to the substantially lower revenues, which exceeded even the lower fixed costs allocated to the continued business lines. Due to such decreased revenues, fixed costs constituted a proportionately larger percentage of revenues.
For the year ended December 31, 2015, Dehaier expec
Source –
Broad street alerts has not been compensated for the mention of any publicly traded companies in this article nor do we own positions in any of the companies in this article.
Broad Street Alerts was previously compensated eighteen thousand five hundred dollars by star media llc for the mention of FNJN however, that contract has expired.
Source –
Broad street alerts has not been compensated for the mention of any publicly traded companies in this article nor do we own positions in any of the companies in this article.
Broad Street Alerts was previously compensated eighteen thousand five hundred dollars by star media llc for the mention of FNJN however, that contract has expired.
