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Medtecs International
Results
Manufacturer of PPEs, Medtecs International, reports another year of losses at US$5.8 mil
The group has said that this is due to lower sales from the global decline in demand for PPEs, facemasks and other products.
August 14, 2023
Company in the news
Medtecs International shares up by more than 20%, drawing unusual trading query from SGX
On Feb 28, the company reported a loss of US$28.5 million for FY2022 ended Dec 31 2022
March 22, 2023
Company in the news
Medtecs to incur "significant" loss for 2HFY2022 on inventory write down
Both demand and selling prices are lower as pandemic restrictions eased
January 19, 2023
Billion Dollar Club 2022
Glove makers Riverstone and Top Glove share the honours in sector
Glove makers dominate this sector
November 10, 2022
Results
Medtecs reports a loss for 1HFY2022 as demand and selling prices drop
The company warns that for the current 2HFY2022, it sees a continued drop in demand.
August 14, 2022
Results
Medtecs International expects to see loss for 1HFY2022; Cambodia glove factory delayed by three months
Medtecs expects to generate a loss for the period and will announce its 1HFY2022 results on or before Aug 15.
July 20, 2022
Insider moves
Alliance Healthcare and Medtecs undertake share buybacks
“We believe digitalisation will continue to play an increasingly important role in the healthcare sector," says Dr Thng.
March 31, 2022
Billion Dollar Club 2021
Medtecs is big winner in this pandemic year
Medtecs achieved a rare feat of making a clean sweep of all four awards categories for the healthcare and pharmacutials sector
September 10, 2021
Broker's Calls
DBS downgrades Medtecs to 'hold' after 'missed expectations' for 1Q21
Despite a stellar y-o-y performance, DBS Group Research has downgraded Medtecs to a "hold" rating. Find out why.
May 10, 2021
Healthcare
Medtecs upbeat vaccine won't hurt demand for PPE; gears up for direct to consumer sales
Will the Covid-19 vaccine put a halt to PPE maker Medtecs' meteoric rise? It's senior management doesn't think so.
April 01, 2021