SINGAPORE (Nov 8): Malaysian glove producer UG Healthcare has announced earnings of $0.9 million for 1Q18, up 8.8% from $0.8 million a year ago on higher revenue.
Revenue for the 1Q ended Sept rose 16.7% to $18.3 million from$15.7 million previously.
This was mainly due to an increase in the volume of gloves produced and sold, resulting from full commercial production of the new production lines and higher sale through expansion of its distribution networks.