“This is mainly due to lower orders from our original equipment manufacturing (OEM) clients and reduction of demand and average selling prices of facemasks and personal protective equipment (PPE) globally,” says Medtecs.
Medtecs International Corporation has issued a profit guidance for its performance in 1HFY2022 ended June.
In a Singapore Exchange (SGX) filing on July 20, the integrated healthcare product and services provider says it expects to generate a loss for the period and will announce its 1HFY2022 results on or before Aug 15.
