SHINVA, Q1 2021, Sales Results

Image credit: screenshot of SHINVA website, 7th May 2020

In April, Shandong Xinhua Medical Devices (SHINVA), the Chinese originated manufacturer of medical equipment, published its financial results for Q1 2021. These show that sales returned to strong growth during the quarter and revenue was higher than in 2018. Total sales reached CNY 2.52 bn, compared with CNY 1.73 bn in Q1 2020, an increase of approximately +45% year-on-year.