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SHARES of healthcare play Medtecs International Corporation surged more than 16 per cent on Wednesday morning, after the Catalist-listed firm posted a net profit of US$38.9 million for the six months ended June 30, 2020 - 101 times the US$385,000 net profit a year ago.. As at 10.10am, the counter had jumped 16.9 per cent or 16.5 Singapore cents to S$1.14, surpassing its 52-week high of S$1.05. The Company is an original product manufacturing (OPM) manufacturer and distributor of healthcare, hospitality and work wear products for the global healthcare and hospitality industry. The pandemic has also created unprecedented pressure on the global supply chain and healthcare systems, creating yawning gaps in inventory of personal protective equipment (PPE) and medical supplies. Submitted By:  Medtecs International Corporation Limited (the “Company” or “Medtecs”, together with its subsidiaries, the “Group”) is the world’s leading supplier of personal protective equipment (PPE) and a trusted multi-national PPE stockpiling solutions provider to governments and … Medtecs appoints CEO William Yang as deputy chairman. Medtecs Group announced on 11 August 2020 its half-year financial results for the period ended 30 June 2020.The Group’s revenue increased significantly by 390.5% from US$33.2 million in 1H19 to US$162.6 million in 1H20 from increase in demand of personal protective apparels due to the COVID-19 global pandemic; which also raised awareness on healthcare products and led to increase in sales from our existing customers. How has Medtecs International's share price performed over time and what events caused price changes? Share Price & News. Medtecs International (SGX: 546) corrective sell down has met our expected flow based on our report dated on 9 th September 2020.Moving forward, the technical indicate that there is another short term upside to complete the 2 nd sub wave of the whole corrective wave:. Medtecs International (SGX:546) Latest News. Crime It is believed Joshua White was targeted by the gang at random in the fatal attack. To contribute to the world’s health for a better tomorrow”. MEDTECS Stock News module provides quick insight into current market opportunities from investing in MEDTECS INTERNATIONAL CORP. Use historical and current headlines to determine the investment entry and exit points. Get the latest BBC World News: international news, features and analysis from Africa, the Asia-Pacific, Europe, Latin America, the Middle East, South Asia, and the United States and Canada. You will need to make your own independent judgment regarding the analysis. Medtecs International, Covid-19, supply chain, personal protective equipment (PPE) Medtecs upbeat vaccine won't hurt demand for PPE; gears up for direct to consumer sales News - Read the latest Medtecs upbeat vaccine won't hurt demand for PPE; gears up for direct to consumer sales breaking news & stay updated on business news, investment, company news, stocks, Medtecs upbeat … October 13, 2020 The Business Times News Explosive demand for PPE boosts Medtecs' Q3 top line, net profit PANDEMIC beneficiary Medtecs International Corporation has reported its … Stock analysis research and articles on this site are for the purpose of information sharing and do not serve as recommendation of any transactions. No Separately, Medtecs also announced that the group will be included in the MSCI Singapore Small Cap Index from Nov 30, after the market close on that day. Uploaded By:  Latest Share Price and Events. THE BUSINESS TIMES medtecs international - Find medtecs international News & Headlines, insight and analysis in Singapore, Asia-Pacific & global markets news at The Business Times. The decline of the Straits Times Index (STI) in late January 2021, after briefly flirting around the 3,000 mark, is “not the beginning of the end,” say DBS Group Research analysts Yeo Kee Yan, Janice Chua and Chung Wei Le. SingTel Share Price, DBS sees current STI decline as 'healthy correction' while CGS maintains FY21 STI target of 3,068 points. News provided by. In the links below you will find the Group’s business objectives, key revenue drivers, future plans as well as the industry landscape presented and discussed in detail. The Company is an original product manufacturing (OPM) manufacturer and distributor of healthcare, hospitality and work wear products for the … You are here: ... MEDTECS International is planning to transfer the company's listing from the Catalist to the mainboard of the Singapore Exchange (SGX), it said on Monday. Get the latest MEDTECS INTERNATIONAL CORP (9103.TW) stock news and headlines to help you in your trading and investing decisions. Medtecs International Corporation Limited (the “Company” or “Medtecs”, together with its subsidiaries, the “Group”) is the world’s leading supplier of personal protective equipment (PPE) and a trusted multi-national PPE stockpiling solutions provider to governments and group purchasing organizations around the world. The latest international news from Sky, featuring top stories from around the world and breaking news, as it happens. Medtecs International (SGX:546)'s FY20 revenue and net profit climbed to US$400.3m (+480.4% y-o-y) and US$131.7m (+11,348.5% y-o-y) respectively as the COVID-19 pandemic drove demand for Medtecs International’s personal protective equipment (PPE). 2021-04-13 20:12:00 Annual General Meeting. Medtecs and ACO International are going to start a joint venture. Medtecs International Corp, a maker of medical apparel, has reported record earnings of US$131.7 million ($175.4 million) for the FY2020 ended December, compared to earnings of US$1.2 million for the FY2019. “We estimate that Medtecs could generate a cash pile of well over US$100m by end-FY21F which could fuel the group’s M&A efforts or catalyse the reinstatement of a regular dividend policy,” DBS Group Research said. BBC News provides trusted World and UK news as well as local and regional perspectives. Annual Reports and Related … Case Study:  Get the latest $ Medtecs Intl (546.SI) stock news and headlines to help you in your trading and investing decisions. Yang is the son of Medtecs’ executive chairman, Clement Yang Ker-Cheng, and Sherry C... Medtecs International to sustain high profit margin: DBS. Medtecs shares closed up 10.5 cents or 11.9 per cent to 99 cents on Monday. News – Latest breaking news and top headlines. Share this article. The record earnings comes as the group reported record revenue of US$400.3 million for the F... Medtecs International revenue skyrockets by 480.4%. 06:19 PM. FTSE ST Indices & STI Constituents Share Price, DBS Share Price , SINGAPORE (BLOOMBERG) - Shares of Medtecs International Corp, a maker of medical apparel, traded for just a few cents at the start of the year before the coronavirus pandemic roiled financial markets. Companies & Markets News -Shares of Medtecs International, a maker of medical apparel, ... Join ST's Telegram channel here and get the latest breaking news delivered to you. Paul Howell Shares of Medtecs International Corp., a maker of medical apparel, traded for just a few Singapore cents at the start of the year before the pandemic roiled financial markets. Get the latest BBC England news: breaking news, in-depth features, analysis and debate plus audio and video coverage from the English regions. Paul Howell MEDTECS International is planning to transfer the company’s listing from the Catalist to the mainboard of the Singapore Exchange (SGX), it said on Monday. Jump directly to the content. Woon and Ling have also lowered their target price estimate on the counter to $1.25 from $1.30 ba... Medtecs enters into joint venture agreement for PPE production facility targeting US market. Medtecs International Says Board Intends To Make Application To Transfer Listing To Mainboard Of SGX-St. ... Latest News. Breaking News, Latest News and Current News from FOXNews.com. Click "view full report" button below for complete analysis on Medtecs International Corporation (SGX:546), including the post-COVID PPE demand estimates and Medtecs’ key earnings drivers post-COVID. In Medtecs’ case, the latest annual report disclosed non-sponsor fees of $35,191 paid to Rajah & Tann Singapore LLP., which presumably is for the corporate secretarial services. As its factories in China, Cambodia and the Philippines ramp up production of PPE for global markets including Europe and the US, profits and cashflow have turned into an unprecedentedly large incoming tide for Medtecs. See Medtecs Share Price; Medtecs Target Price; Medtecs Analyst Reports; Medtecs Dividend History; Medtecs Announcements; Medtecs Latest News. Medtecs International now Singapore's top stock following 5,000% surge News - Read the latest Medtecs International now Singapore's top stock following 5,000% surge breaking news & stay updated on business news, investment, company news, stocks, Medtecs International now Singapore's top stock following 5,000% surge news only on The Edge Singapore. Get detailed information on Medtecs Intl (546.SI) including stock quotes, financial news, historical charts, company background, company fundamentals, company financials, insider trades, annual reports and historical prices in the Company Factsheet. Cash Dividend/ Distribution::Mandatory. DBS Group Research analysts Woon Bing Yong and Ling Lee Keng have maintained their “buy” recommendation on Medtecs International Corporation as they see the company being “in for the long haul”. With exclusives, opinion, pictures and videos from The Sun . Share this article. Medtecs International Corporation Limited is an integrated healthcare products and services provider in the Asia Pacific region. Medtecs International Corporation Limited Jan 18, 2021, 23:56 ET . Medtecs International Corporation will continue to have soaring profits despite vaccine rollouts bringing down the demand for personal protective equipment (PPE) and average sale prices (ASP) decline, according to DBS Group Research. Breaking news and video. Medtecs International Corporation has appointed its CEO and Executive Director William Yang Weiyuan as deputy chairman replacing Wilfrido Candelaria Rodriguez, who resigned from the board in August 2020. Instead, the analysts, led by Yeo, see the decline as a “healthy correc... MEDTECS INTERNATIONAL CORP LTD Latest News. Paul Howell To be the most trusted partner for health care. Medtecs International Corporation Limited (the “Company” or “Medtecs”, together with its subsidiaries, the “Group”) is the world’s leading supplier of personal protective equipment (PPE) and a trusted multi-national PPE stockpiling solutions provider to governments and … Technicals indicate that the stock will continue its downside correction despite the Ichnimoku cloud still on an uptrend. Manufacturing 77% Hospital Services 21% Trading and Distribution 2% Manufacturing 88% Hospital Services 4% Trading and Distribution 8% Europe 29% Australia Asia 5% 49% North America 17% Revenue Surged in FY20 Following Increased PPE Demand 6 32.2 33.0 33.2 162.6 29.6 35.3 35.8 237.7 61.8 … Get all of the latest breaking local and international news stories as they happen, with up to the minute updates and analysis, from Ireland's National Broadcaster The two royal brothers reportedly spent some time together with Kate Middleton, Prince Charles, Camilla and the Queen following Prince Philip's funeral at Windsor Castle. UOB Share Price, Get the latest MEDTECS INTERNATIONAL CORP (9103.TW) stock news and headlines to help you in your trading and investing decisions. Medtecs Provides the best Cutting Edge Personal Protective Equipment that secures everyone’s safety concerns.  We would like to be the shield for every hero, every fighters! “We estimate that Medtecs could generate a cash pile of well over US$100m by end-FY21F which could fuel the group’s M&A efforts or catalyse the reinstatement of a regular dividend policy,” DBS Group Research said. Medtecs International has entered into a partnership with ACO International regarding a joint venture (JV). The stock is the top performer for Singapore and among the best in the global health-care supply sector for 2020. MEDTECS INTERNATIONAL CORP LTD (546) SGD 1.02 -0.98% -0.01. ShareJunction is a FREE Singapore Stocks, Shares, Investment and Finance portal providing share, stock investors and traders forum, charts, news, email alerts, price quotes and market data for SGX shares. Medtecs International Corporation, via its wholly-owned subsidiary Medtecs (Asia Pacific), has entered into a joint venture agreement with ACO International to establish their relationship as shareholders of a personal protective equipment (PPE) production facility. THE BUSINESS TIMES medtecs international corporation - Find medtecs international corporation News & Headlines, insight and analysis in Singapore, Asia-Pacific & global markets news at … Get the latest MEDTECS INTERNATIONAL CORP (9103.TW) stock news and headlines to help you in your trading and investment decisions. Medtecs Group, a leading personal protective equipment (PPE) supplier headquartered in Taiwan, donated coveralls, isolation gowns, and other COVID-19-related PPE to the Kingdom of Eswatini, the Republic of Somaliland and the Commonwealth of Saint Lucia in partnership with TSMC Charity Foundation. 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