Brokers' take
UG Healthcare | Buy (maintained) Aug 28 close: S$0.177 Target price: S$0.30 RHB Research Institute, Aug 28
Full-year revenue was up 17 per cent from the previous year. The new production facility - which achieved full commercialisation at end January - led to an additional annual capacity of 500 million pieces of gloves.
There was overall production efficiency and economies of scale, which contributed to the 47 per cent rise in FY2019 gross profit. UG's earnings for this period stood at S$0.54 million, do…
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Latest Singapore 6-month T-bill offering cut-off yield of 3.74% as applications dip
Suntec Reit Q1 DPU down 13% to S$0.01511 in absence of capital distribution
Nissan, Mazda roll out new models for China as they aim for comeback
South Korea readies new system to detect illegal short-selling
Axiata, Sinar Mas move closer to US$3.5 billion telco merger
Cordlife’s independent auditor to retire after issuing disclaimer of opinion on FY2023 financials