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546 On Other Exchanges
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medtecs international corp (546) Snapshot

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medtecs international corp (546) Details

Medtecs International Corporation Limited, an integrated healthcare products and services provider, manufactures and distributes medical consumables for the healthcare industry worldwide. It operates through Manufacturing, Hospital Services, and Distribution segments. The Manufacturing segment produces and sub-contracts a range of medical consumables, including patients’ apparels, disposable surgical masks, boot covers and surgical gowns, underpads, adult diapers, crochet blankets, bed linens, and medical bandages. It supplies its products to medical multinational corporation distributors, pharmaceutical companies, and hospital groups in the United States and Europe. The Hospital Services segment provides laundry and leasing services to various hospitals. Its services include hospital linen rental and laundry, management of hospital laundry facilities, hospital automation, and other non-core hospital functions for hospitals in Taiwan. This segment also provides hospital services in the Philippines. The Distribution segment markets Medtecs-branded medical consumables to hospitals, pharmacies, and other end users in the Asia Pacific. This segment also supplies other branded medical supplies and equipment, such as wheel chairs, syringes, nebulizers, and blood pressure monitors. In addition, the company manufactures, leases, trades in, and sells woven and knitted fabrics, and other made-up articles of textile products; manufactures anti-static surgical attires, sterilized procedure tray products, flame-retardant fabrics, surgical drapes, N88 and N95 facemasks, and other medical supplies; and distributes gauzes, digital thermometers, and other medical supplies. Medtecs International Corporation Limited was founded in 1989 and is based in Makati, the Philippines.

Founded in 1989

medtecs international corp (546) Top Compensated Officers

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medtecs international corp (546) Key Developments

Medtecs International Corporation Limited Announces Board Changes

The Board of Directors of Medtecs International Corporation Limited announced the appointment of Mr. Xia Junwei as a Deputy Non - Executive Chairman of the Board with effect from 20 November 2015; and the appointment of Mr. Xia Junwei as a member of the Remuneration Committee and the Nominating Committee with effect from 20 November 2015.

Medtecs International Corporation Limited Appoints Xia Junwei as its Non-Executive and Non-Independent Director

Medtecs International Corporation Limited announced the appointment of Xia Junwei as non-executive and non-independent director of the company with effect from October 15, 2015.

Medtecs International Corporation Limited Reports Unaudited Earnings Results for the Six Months Ended June 30, 2015

Medtecs International Corporation Limited reported unaudited earnings results for the six months ended June 30, 2015. For the period, the company reported revenues of $28,190,000 against $25,961,000 a year ago. Profit before tax was $378,000 against $283,000 a year ago. Net profit for the period was $315,000 against $257,000 a year ago. Net profit for the period attributable to equity holders of the company was $315,000 against $255,000 a year ago. Net cash flow generated from operating activities was $896,000 against $7,487,000 a year ago. Purchases of property, plant and equipment was $1,417,000 against $125,000 a year ago. Earnings per share for the period diluted was 0.071 cents against 0.059 cents a year ago. Net asset value per ordinary share was 4.99 cents.


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