Happyrat
commented on a stock · Aug 16, 2021 10:34
News
$Medtecs Intl (546.SG)$ Meanwhile, protective gear maker Medtecs fell 17.9 per cent or 22.5 Singapore cents to a year-to-date low of 57.5 cents as at 9.30am on Monday, with some 10.5 million shares traded. Medtecs on Friday reported that its H1 profit had halved year on year to US$19.1 million from US$38.9 million, as revenue fell on lower sales of personal protective equipment and face masks after a build-up of stocks by most of its customers in the previous year.
101548966 : the medtech in the article is Biolidics, not Medtecs.
Happyrat OP 101548966 : Pls read to the bottom .
102455766 : Biolidics is the one posting losses, not Medtecs.
Yixuan Li : I saw announcement for Medtecs Int Group, Revenue for the last 6 months US$85m, PAT US$18m
Yixuan Li : Medtech and Medtecs are different company, right?
101548966 Happyrat OP : please read financial statement,
https://links.sgx.com/1.0.0/corporate-announcements/P96QD4LJYAQVD438/44537a6e8d4012872cfa8418296a5bb5b2f39899d9e89b54343e9c24cd455056
Happyrat OP 101548966 : Thanks . Must be the business news error .