UG Healthcare Corporation has reported earnings of $34.3 million in the 1QFY2021 ended March, 56.7 times higher than earnings of $606,000 in the year before.

The higher earnings marks the fourth consecutive quarter of earnings growth from the 4QFY2020 ended June, says the group.

Revenue surged 2.4 times to $93.5 million from $38.6 million, surpassing the $91.8 million recorded for the 9MFY2020, mainly due to the higher volume of gloves produced and sold.

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