The Business Times

medtecs intl

Consumer & Healthcare

Glove manufacturers, medical suppliers surf new Covid-19 wave

Medtecs is the fourth most heavily-traded counter by volume as at the midday trading break.
Companies & Markets

Hot stock: Medtecs rises over 20% on heavy trading, triggers SGX query 

Medtecs attributed the weaker bottomline showing to lower demand for its products, weaker margins, as well as an increase in inventory provisions for FY2022 amounting to US$11.5 million. 
Companies & Markets

Medtecs posts FY22 loss of US$28.5 million amid lower PPE, face masks sales

Catalist-listed Medtecs gains as much as 19.4 per cent, while Top Glove rises 5.9 per cent.
Companies & Markets

Hot stocks: Glove manufacturers rally on news of China’s reopening plans

Medtecs International last announced the opening of its US$20m glove manufacturing facility in Cambodia on Sept 30.
Companies & Markets

Hot stock: Medtecs surges 18% to 2-month high, gets queried

Although analysts expected the weaker financials, they said the rate at which the declines are taking place is alarming. Companies did not buffer themselves sufficiently during their heydays. 
Companies & Markets

Regional pandemic beneficiaries tanking; analysts see worst yet to come

Medtecs reported a loss for H1 2022 as demand and prices for PPE and facemasks fall.
Companies & Markets

Medtecs slides into red for H1 2022 on lower average selling price for PPE and face masks

Medtecs booked additional marketing, advertising and distribution expenses to promote the ‘Medtecs’ brand and own-brand products and grow its e-commerce business. 
Companies & Markets

Medtecs to post H1 loss on fewer orders, lower prices of PPE and masks

Brokers' take: DBS sees continued uncertainty for Medtecs; slashes target price
Companies & Markets

Brokers' take: DBS sees continued uncertainty for Medtecs; slashes target price

Medtecs profit tumbles 87% to US$17.3m on lower demand for PPE, face masks
Companies & Markets

Medtecs profit tumbles 87% to US$17.3m on lower demand for PPE, face masks

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