UG Healthcare

Company in the news

UG Healthcare subsidiary incorporates wholly-owned subsidiary in Ireland

The Ireland subsidiary is involved in trading and distributing disposable gloves and other medical disposables.
UG Healthcare reports loss of $4.78 million on lower selling prices and higher costs - THE EDGE SINGAPORE

Results

UG Healthcare reports loss of $4.78 million on lower selling prices and higher costs

The company is again putting off new production capacity

Results

UG Healthcare, Meta Health sound respective profit warnings

UG Healthcare will report on Feb 14 and Meta Health on or before March 1
UG Healthcare plans to diversify its business into active retirement homes, healthcare & wellness centres - THE EDGE SINGAPORE

M&A

UG Healthcare plans to diversify its business into active retirement homes, healthcare & wellness centres

The company believes there is increasing demand for good quality retirement and healthcare facilities.

Broker's Calls

Broker's Digest: Sheng Siong Group, UG Healthcare, ST Engineering

Here's what the analysts have to say this week.

Broker's Calls

Analysts remain upbeat on UG Healthcare with a rosy outlook ahead

Analysts are still upbeat on UG Healthcare despite glove prices normalising.

Results

UG Healthcare 1H22 net profit plunges 61.3% to $21.2 mil as glove prices fall

No dividend has been declared or recommended for 1HFY2022 as the group wishes to conserve cash for expansion and growth.
Glove makers and Medtecs International surge on possible new virus variant - THE EDGE SINGAPORE

Covid-19

Glove makers and Medtecs International surge on possible new virus variant

Nevertheless, these counters are still significantly off their peaks from last year.
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