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UG Healthcare
Results
UG Healthcare 1H22 net profit plunges 61.3% to $21.2 mil as glove prices fall
No dividend has been declared or recommended for 1HFY2022 as the group wishes to conserve cash for expansion and growth.
February 11, 2022
Covid-19
Glove makers and Medtecs International surge on possible new virus variant
Nevertheless, these counters are still significantly off their peaks from last year.
November 26, 2021
Broker's Calls
RHB trims UG Healthcare target price to 27 cents on 'tougher quarters ahead'
UG Healthcare is expected to book weaker earnings in subsequent quarters due to an ASP downtrend.
November 15, 2021
Broker's Calls
Rubber products sector supernormal earnings on final legs: RHB
The anticipated normalisation of earnings for the rubber products sector has begun, says analyst Sean Chew.
September 28, 2021
Broker's Calls
Analysts mixed on UG Healthcare as glove prices decline
Analysts believe glove ASPs have peaked in 1Q21 and will decline in the near term as supply increases.
August 31, 2021
Results
UG Healthcare posts record FY2021 earnings of $118.8 mil; proposes 0.506 cent dividend
UG Healthcare posts record earnings of $118.8 mil; declares 0.506 cent dividend.
August 27, 2021
Broker's Calls
Broker's Digest: Alibaba, UG Healthcare, Starhill Global REIT, Singtel, SGX, Raffles Medical Group
See the analysts' recommendations and target prices here.
July 15, 2021
Company in the news
UG Healthcare to see further 2.4% drop in glove production due to EMCO
UG Healthcare is another victim of Malaysia's EMCO measures.
July 12, 2021
Broker's Calls
Broker's Digest: China Aviation Oil, Hyphens Pharma, UG Healthcare, BHG Retail
See the analysts' recommendations and target prices here.
July 02, 2021
Broker's Calls
RHB downgrades UG Healthcare to 'neutral' on extended NRP1 in Malaysia
Malaysia's extended NRP1 may have unforeseen consequences on UG Healthcare
June 29, 2021