Mindray's imaging sales edge up

Chinese medical equipment manufacturer Mindray Medical International of Shenzhen said that sales in its medical imaging division rose 2% for the second quarter (end-June 30).

The company posted sales in its Medical Imaging Systems division of $42.7 million, up 1.9% compared to revenues of $41.9 million in the corresponding quarter of 2009. The medical imaging segment contributed 23.8% to the company's total net revenues in the second quarter of 2010.

Overall, Mindray posted net revenues of $179.2 million for the second quarter of 2010, a 12% increase from $160.1 million in the second quarter of 2009. The company reported net income of $33 million, compared with net income of $42.3 million in the corresponding quarter of 2009.

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