UMediC’s 4Q net profit surges fivefold to RM3.37m on higher demand for medical devices, consumables

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...