Breaking News

Winner Medical Announces Results

September 1, 2009

Winner Medical Group has trotted out results of operations for the third quarter ended June 30, 2009. Total net sales revenue increased by 5.56% compared to the third quarter of fiscal 2008 to $24.36 million. Profitability climbed 20.12% over the third quarter of fiscal 2008 to $7.18 million. Operating income climbed 72.93% from the same period a year ago. Net income shot up 76.4% over the third quarter to $3.06 million. According to Jianqua Li, chairman/ceo of Winner Medical, the huge improvement in gross margin and net margin is the result of the company’s implementation of cost control measures, such as lean production and equipment technical improvements. In addition, the company’s PurCotton products reached the break-even point and starting making profit during June, according to Mr. Li.
  • Latin America: A Region in Flux

    Latin America: A Region in Flux

    Karen McIntyre, Editor||February 2, 2017
    Region looks to recover in 2017 but changes in U.S. trade policy could pose setbacks.

  • Needlepunch Nonwovens Report

    Needlepunch Nonwovens Report

    Tara Olivo, Associate Editor||February 2, 2017
    This versatile technology continues to replace fabrics typically used in automotives, filtration and more.

  • Personal Care  Wipes Market

    Personal Care Wipes Market

    Tara Olivo, Associate Editor||February 2, 2017
    Specialized wipes continue to emerge in this growing segment.