Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
UG Healthcare returns to profit in FY26 with S$2.1 million net profit; revenue rises 4.7% to S$150.82 million

UG Healthcare returns to profit in FY26 with S$2.1 million net profit; revenue rises 4.7% to S$150.82 million

ReutersReuters2026/08/26 14:08
  • UG Healthcare returned to profit in FY26, posting net profit of S$2.1 million versus a net loss of S$4.1 million.
  • Revenue rose 4.7% to S$150.82 million, due to higher sales volume and improved average selling prices for disposable examination gloves.
  • Gross margin widened 4.3 percentage points to 28.4%, as the group cited better operational efficiency and prudent resource management.
  • EBITDA more than doubled to S$12.4 million, supported by process efficiency initiatives across upstream and downstream operations.
  • Management expects to progressively commercialize its third manufacturing facility in Q1 calendar 2027 following trial production.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UG Healthcare Corporation Ltd. published the original content used to generate this news brief on August 26, 2026, and is solely responsible for the information contained therein.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!