UG Healthcare

“UG Healthcare remains our preferred pick among the Singapore-listed rubber glove sector, due to its undemanding valuation (a c.60% discount to the Malaysia-listed glove sector average CY21F P/E of 29.3x),” he says in a July 8 note. Specifically, h

SINGAPORE (Feb 13): UG Healthcare Corporation generated revenue of $53.2 million, up 28.5% y-o-y for 1HFY2020, as the company sold a greater volume of disposable gloves. However, higher marketing and distribution costs ate into its margins. Earnings, in

SINGAPORE (Mar 12): RHB is reiterating its “buy” call on UG Healthcare with a target price of 32 cents.

SINGAPORE (Nov 12): UG Healthcare announced 1Q19 earnings have increased by 20.4% to $1.04 million, compared to $0.86 million in 1Q18.

SINGAPORE (May 14): RHB is reiterating its “buy” call on UG Healthcare with a target price of 32 cents.

SINGAPORE (May 10): UG Healthcare reported 3Q18 earnings increased 16.7% to $1.10 million, compared to $0.95 million in 3Q17.

SINGAPORE (Feb 12): UG Healthcare, the manufacturer of the Unigloves brand of disposable gloves, announced a 74.9% surge in 2Q earnings of $1.0 million.

SINGAPORE (Nov 8): Malaysian glove producer UG Healthcare has announced earnings of $0.9 million for 1Q18, up 8.8% from $0.8 million a year ago on higher revenue.

SINGAPORE (Aug 29): Maybank Kim Eng is downgrading UG Healthcare to a “hold” with a lower target price of 37 cents from 52 cents previously, on lower second-half core growth and earnings expectations.