UG Healthcare Corp

UG Healthcare has proposed a special dividend of 32 cents per share and a final dividend of 32 cents per share.

The group’s financial metrics declined y-o-y due to the lower ASPs of disposable gloves.

The lower earnings follows a steady decline in the average selling prices across all product segments

Our big congratulations to all the winners and our ecosystem.

The company plans to increase annual production capacity from 2.9 billion pieces to 4.6 billion pieces

Glove manufacturers and healthcare stocks lead the gainers on Tuesday, as the outbreak of the coronavirus spread to 14 countries, including Singapore.

(Aug 30): More stringent hygiene in US hospitals and labs could boost sales for Malaysian rubber glovemakers who produce three out of every five pairs used in the world.

SINGAPORE (Apr 24): RHB is initiating coverage on UG Healthcare with a “buy” recommendation and a target price of 32 cents, as the research house is positive on the long term global demand growth for gloves, with demand rising at a 5.7% CAGR over the

SINGAPORE (May 22): There was a host of corporate actions and earnings announcements involving the stocks in our three portfolios this past week. And, our blue-chip holdings made some big moves.