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Medtecs reports net profit of $62 mil for 3Q2020

Felicia Tan
Felicia Tan • 2 min read
Medtecs reports net profit of $62 mil for 3Q2020
The jump marks an increase of 1,115-fold, or 111,466% y-o-y.
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Medtecs International has reported net profit of US$45.7 million ($62.0 million) for the 3QFY2020 ended Sept 30, 2020, from the US$41 posted in 3QFY2019.

The jump marks an increase of 1,115-fold, or 111,466% y-o-y.

Revenue for the Taiwan-based medical apparel company surged 636% y-o-y to US$124.6 million, while gross profit came in at a 2,771% y-o-y growth to US$65.5 million.

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