Welcome to our dedicated page for Jrsis Health Car news (Ticker: JRSS), a resource for investors and traders seeking the latest updates and insights on Jrsis Health Car stock.
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JRSIS Health Care Corporation (OTCQX: JRSS) reported a 13% increase in revenues for the fiscal year ending December 31, 2020, totaling $35.71 million, up from $31.46 million in 2019. EBITDA rose to $9.03 million, a significant increase from $5.25 million year-over-year. Operating expenses also increased by 12%, primarily due to higher medical consumables costs and increased staffing. Despite a 51% rise in per capita medical expenses amid the COVID-19 pandemic, patient service revenues increased by 27%.
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