Lim Tai Toon has been appointed independent director wef Oct 29
Work experience: ED, Eastgate Technology Ltd; MD, Vashion Group Ltd; VP, corporate affairs, Ipco International Ltd
Posts Tagged ‘Medtecs’
Medtecs International Corp – Corporate moves
Medtecs International Corp – Corporate moves
Chia Wei Ho has been appointed COO wef Mar 1
Work experience: GM, Chamberlain Computime Investment (HK) Ltd; COO/CFO, Tri-M Technologies (S) Ltd; independent director/ED, Medtecs International Corporation Ltd
Medtecs International posts 109% rise in full-year net profit to $2.9m
Medtecs International, the integrated healthcare services provider and OPM (original product manufacturer), says it posted a 109% rise in net profit to US$2.1 million ($2.9 million) for the financial year ended Dec 31 2009 despite a 30% decline in group revenue to US$56.7 million as the twin effects of focus on higher-margined product sales and cost optimisation kicked in.
Revenue for the OPM division fell 38.2% to US$42.7 million due to lower demand for linens, hospital and hospitality apparels from the US. This was partly mitigated by increases in sales of protective garments and other H1N1-related products.
MedTecs says demand for facemasks has surged more than 20-fold
SGX-listed MedTecs International Corp., a maker of medical facemasks, said demand for the products has increased more than 20-fold, and it’s looking at ways to increase production as the swine flu pandemic spurs orders.
MedTecs, based in Taipei, has orders for both its surgical masks and more sophisticated FFP2 masks until next year, Clement Yang, the company’s chairman, said by telephone today.
Medtecs receives order for 2 million flu protection gowns
Medtecs International Corp., a maker of medical products, received an order to supply two million isolation gowns to protect against the influenza viruses, with an option to supply a further two million, it said in an exchange filing today.
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