#careray

CareRay, Q3 2021, Sales Results

On the 21st of October, CareRay published its financial results for Q3 2021. These show that sales growth turned negative during the quarter following break-neck sales growth in H1 2021. Quarterly sales reached CNY 73.7m, compared with CNY 106.1m in Q3 2020, a decrease of approximately -31% year-on-year. This took cumulative 2021 sales to CNY 250.9m, compared with CNY 228.9m in 2020, an increase…

CareRay, Q2 2021, Sales Results

On the 4th of August, CareRay published its financial results for Q2 2021. These show that sales growth moderated during the quarter following break-neck sales growth in Q1. Quarterly sales reached CNY 88.5m, compared with CNY 80.9m in Q2 2020, a increase of approximately +9% year-on-year. This took cumulative H1 2021 sales to CNY 177.3m, compared with CNY 122.8m in 2020, an increase of…

The global demand for X-ray detectors returns to growth in the first quarter

Global Sales Revenue : USD comparable, quarterly foreign exchange adjustment Data from X-ray Detector Market Intelligence Subscription Service Q1 Sales Growth On a constant currency basis, it is estimated that global revenues from the sale of X-ray detectors increased by a mid-single-digit during Q1 2021, compared with Q1 2020. This marked a return to quarterly sales growth following three…

CareRay, Q1 2021, Sales Results

In April, CareRay published its financial results for Q1 2021. These show that sales grew at a break-neck pace during the quarter. Total company sales reached CNY 88.76m, compared with CNY 41.84m in Q1 2020, an increase of approximately +112% year-on-year.

Market Update: X-ray Detectors for Medical Imaging

Q4 2020 Sales Revenue The Coronavirus pandemic continued to have a material impact on the demand for medical X-ray imaging systems during the fourth quarter. The pandemic contributed toward lower aggregate capital spending on new X-ray imaging equipment as planned installations were delayed and some healthcare systems temporarily paused investment decision making. On a constant currency basis,…