Brief: Vincent Medical Posts FY Profit Attributable Of HK$11.5 Mln

Vincent Medical Holdings

20/03/2020 10:47

March 20 (Reuters) - Vincent Medical Holdings Ltd  1612.HK :
    * PROPOSED FINAL DIVIDEND OF HK1.10 CENTS PER SHARE FOR 2019
    * REVENUE FOR YEAR INCREASED 2.9% TO HK$502.2 MLN 
    * FY PROFIT ATTRIBUTABLE DECREASED BY 62.8% TO HK$11.5 MLN 
    * RAW MATERIAL SUPPLY RELATED TO IMAGING DISPOSABLE PRODUCTS
IS
EXPECTED TO NORMALISE IN Q2 OF 2020
    * GROUP EXPECTS ROBUST GROWTH MOMENTUM TO CONTINUE THROUGH
TO 2020
AND ONWARDS
    * GROUP IS SEEING AN INCREASE IN SALES ORDER AND AWARENESS
OF
INSPIRED PRODUCTS GLOBALLY
    * GROUP'S O2FLO RESPIRATORY UNIT (VUN-001) USED ON PATIENTS
DIAGNOSED WITH COVID-19 TO HELP RELIEVE SYMPTOMS

Source text for Eikon:  ID:nHKS893ZLY 
Further company coverage:  1612.HK 

 ((Reuters.Briefs@thomsonreuters.com;))