bullish
Paramount Bed (7817 JP): Poised to Grow on the Back of Recovery from the COVID-19
249 Views18 Jan 2022 00:49
SUMMARY
- Paramount Bed Holdings Co Lt (7817 JP) reported record-high sales and profit during six-month ended on September 30, 2021, driven by strong domestic demand due to recovery from the pandemic.
- Each of businesses are receiving steady inquiries from market and is expected to perform strongly. Management raised full-year guidance after a strong Q1 results.
- New products are driving margin for the company. Nemuri SCAN continues to perform well as remote monitoring using sensor technology is receiving more attention amid the COVID-19 pandemic.
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Rising
Tina Banerjee
Global Healthcare Analyst
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