LINET 74,000 beds, turnover up to CZK 5.69bn

Published: 05.11.2021 Related countries:  South Africa South Africa

LINET 74,000 beds, turnover up to CZK 5.69bn

LINET has increased its net turnover to CZK 5.69bn for the financial year ending March 31, 2021 from CZK 3.89bn in the preceding period. The pre-tax result rose to CZK 1.39bn from CZK 326.17m in the same period last year. Deliveries of beds exceeded 74,000 units, of which over 10,000 were for the ICU. 74,337 beds were produced (+19%). The company also stated in its annual report that it had reduced its product portfolio to increase production capacity during the pandemic and introduced a three-shift operation. The company invested in new product development and continued to work on smart technologies in the Smart Care solutions segment. In the coming year, it will focus on acquiring new customers in strategic regions of the US, South America, the Middle East, Russia, India and China, among others.

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