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Medtecs: Reports 1H2021 Revenue Of US$85.3 Million & Net Profit Of US$18.5 Million.

16 Aug 2021 09:43

Revenue decline primarily due to government stockpiling cycle. Gross profit and net profit margins remained healthy at 36.1% and 21.7%, respectively. Continue to enhance brand awareness and online presence to expand market reach of the Group's own branded products. Expansion of production capacity. Continued efforts to secure more long-term orders with a view to ultimately building a resilient global PPE supply chain with government agencies, brand owners and industry players...

Attachments:

• Medtecs_-_1H2021_NR_Framework__13_August_2021.pdf

Source: ShareInvestor Express