Brief: UG Healthcare Corporation Posts QTRLY Net Profit Attributable S$22.7 Mln

UG Healthcare

05/11/2020 12:33

Nov 5 (Reuters) - UG Healthcare Corporation Ltd  UGHE.SI :
    * QTRLY NET PROFIT ATTRIBUTABLE S$22.7 MILLION VERSUS
S$305,000
    * TO INCREASE PRODUCTION CAPACITY BY 500 MILLION PIECES OF
GLOVES
PER ANNUM BY END MARCH 2021
    * EXPECTS TO BENEFIT FROM FURTHER ECONOMIES OF SCALE WITH
ADDITIONAL CAPACITIES BEYOND FY2021
    * QTRLY REVENUE S$71.2 MILLION VERSUS S$26.3 MILLION
    * GROUP'S TOTAL PRODUCTION CAPACITY TO 3.4 BILLION PIECES OF
GLOVES BY END MARCH 2021
    * TO BUILD A NEW PRODUCTION FACILITY FOR PRODUCTION CAPACITY
OF
1.2 BILLION PIECES OF GLOVES PER ANNUM BY END JUNE 2021

Source text for Eikon:  urn:newsml:reuters.com:*:nSN19sQdx
Further company coverage:  UGHE.SI 

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