Welcome!
UG Healthcare Corporation
Deals, joint ventures & alliances
UG Healthcare to set up medical diagnostic centre in Nigeria through JV
The initial capital of the JV company, Health Focus Diagnostics Nigeria (PTY) Limited, is NGN10 million ($31,000).
December 27, 2022
Results
UG Healthcare Corp sees 68.9% y-o-y plunge in 3QFY2022 earnings of $10.7 mil
The group’s financial metrics declined y-o-y due to the lower ASPs of disposable gloves.
May 12, 2022
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.
February 11, 2022
Results
UG Healthcare reports 53.3% lower earnings of $10.6 mil for 1QFY2022
The group says it continues to experience “strong demand” for its ‘Unigloves’ brand at its downstream distribution operations.
November 11, 2021
Broker's Calls
Analysts mixed on UG Healthcare following halt in glove production due to EMCO
RHB and CGS-CIMB have retained their respective 'neutral' and 'add' ratings for UG Healthcare.
July 13, 2021
Covid-19
UG Healthcare to conduct Covid-19 testing on employees as precautionary measure
"The Covid-19 testing will have minimal disruption to our manufacturing operations", says its executive and finance director.
December 01, 2020
Investing ideas
How much better will UG Healthcare fare in the coming quarter, ask analysts who believe the best is yet come
Analysts unanimously post a ‘buy’ on UG Healthcare.
November 09, 2020
Results
UG Healthcare's earnings surge over 70x to $22.7 mil for 1QFY2021 on higher revenue
Shares in UG Healthcare closed 2.5 cents higher or 2.6% up at 98 cents on Nov 5.
November 05, 2020
Company in the news
UG Healthcare receives listing and quotation notice from SGX; shareholders to vote for proposed share split on Sept 18
The company had, on August 31, proposed a one-to-three share split on a date to be determined by the board.
September 16, 2020
Company in the news
UG Healthcare raises $19.1 million in share placement
The gross proceeds of the placement will be used for the company’s capacity expansion plans as well as general working capital purposes.
August 21, 2020