Healthcare to continue delivering steady earnings

Healthcare to continue delivering steady earnings

  PETALING JAYA: The key focus in the healthcare sector in 2024 will largely revolve around the resiliency of its earnings delivery and how the companies navigate around inflationary pressures.   “We continue to like the healthcare sector given its ability...
UMC’s capacity likely to double by the end of the year

Bigger budget a boon for healthcare sector

  PETALING JAYA: The Malaysian healthcare sector is poised for sustained growth in 2024, bolstered by the Health Ministry’s enlarged budget allocation, close collaboration between the public and private sectors, and the ongoing growth in medical tourism. Under...
Better manufacturing capacity to bolster UMediC

Better manufacturing capacity to bolster UMediC

PETALING JAYA: Medical device maker UMediC Group Bhd is anticipated to see improved earnings in the coming quarters owing to its additional manufacturing capacity and a larger allocation for the Health Ministry under Budget 2024. Hong Leong Investment Bank (HLIB)...
UMediC has prospective earnings growth over the next two years

UMediC has prospective earnings growth over the next two years

PETALING JAYA: Rakuten Trade Sdn Bhd has placed a “buy” call on medical device maker UMediC Group Bhd with a higher target price (TP) of 90 sen from 76 sen. In a report, the research house said the fast growing distributor of medical equipment and manufacturer of...