A surging first half for UMediC

A surging first half for UMediC

  KUALA LUMPUR: UMediC Group Bhd (UMC) will see a surge in its public orders in the first half of 2024 (1HFY24) as the Ministry of Health (MoH) uses the budget allocated for the year to procure medical equipment.  Hong Leong Investment Bank Bhd (HLIB) said...
A surging first half for UMediC

UMediC’s Q4 net profit surges nearly five-fold

UMediC Group Bhd’s (UMC) net profit for the fourth quarter ended July 31, 2023 (4Q23) leapt to RM3.37 million compared with just RM568,000 a year ago.   KUALA LUMPUR: UMediC Group Bhd’s (UMC) net profit for the fourth quarter ended July 31, 2023...
Expansion of production capacity to drive UMediC earnings

Expansion of production capacity to drive UMediC earnings

PETALING JAYA: Potential increase in supply tenders for medical equipment procurement, the commercialisation of new products as well as the expansion of production capacity are expected to drive earnings growth at UMediC Group Bhd (UMC). Hong Leong Investment Bank...