Southern Home Medical, Inc. (OTCMKTS:SHOM) a leading manufacturer in the Healthcare Industry, has reported that as an outcome of the new mergers the firm has achieve 2000% jump in revenue for the quarter closing September 30, 2016. The company’s corporate earnings for the period closing September 30, 2016 have surged to $32,255 as posted on the OTC Markets.
The management view
George Chang, the CEO of Southern Home, said that they are extremely delighted with the development that they have recorded this quarter, they plan to continue this trend and enhance shareholder value. The businesses run as profit centers and are intended to be simulated without additional, big capital expenditures. It means that profitability should persist to rise as they expand their business sites through this year.
While they are surpassing management’s anticipations month-after-month in respect of net income and revenues, the share price has yet to come par at with remarkable performance. They expect this to change, as they get fully reporting status and record higher perceptibility in the financial community. Chang added that they are working on more advancements for the firm by enhancing their staffing with talented and new people who work arduously every day.
They can help design many new products and save time when they’re implementing advanced technology to close the job done and generating a lot of profit. Additionally, the firm is working on getting more products in the market as they are intending some association in the future with the universities such as City College, MIT School, Queens College.
Southern Home is a holding firm with an emphasis on servicing the requirements of the Healthcare Industry. The company will continue to influence the success of their operations in order to extend sales opportunities in other sites throughout the nation with medical, equipment and health needs.
In the last trading session, the stock price of Southern Home gained over 40% to close at $0.00310.