CU Medical Systems Reports 21.2 Billion KRW in First-Half Sales on Growing European AED Demand
CU Medical Systems, an emergency medical device company, announced on August 14 that it recorded consolidated sales of 21.2 billion KRW and operating profit of 4.4 billion KRW in the first half of this year. For the second quarter alone, sales reached 12.4 billion KRW and operating profit was 3.2 billion KRW. These figures represent year-on-year growth of approximately 23% and 38%, respectively.
The company attributed this performance increase primarily to rising demand for the installation of automated external defibrillators (AEDs) in public spaces across Europe. This is because major European countries have mandated the installation of AEDs in multi-use facilities such as public institutions, transportation hubs, and sports facilities to strengthen public safety infrastructure.
The company stated that it plans to further strengthen cooperation with strategic partners in Europe in the second half of the year. Through these efforts, CU Medical Systems aims to continuously expand its brand recognition and market share across the global market.
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A CU Medical Systems representative said, "As interest in and policy support for cardiac arrest response systems increases across Europe, the reliability and technological excellence of our AED products have become more prominent," adding, "Our rapid delivery, easy maintenance, and proven quality competitiveness are receiving positive evaluations in the European market."
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