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UG Healthcare reports 53.3% lower earnings of $10.6 mil for 1QFY2022

Felicia Tan
Felicia Tan11/11/2021 07:11 PM GMT+08  • 3 min read
UG Healthcare reports 53.3% lower earnings of $10.6 mil for 1QFY2022
The group says it continues to experience “strong demand” for its ‘Unigloves’ brand at its downstream distribution operations.
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UG Healthcare has announced earnings of $10.6 million for the 1QFY2022 ended September.

The lower figure was attributable to the temporary closure in Malaysia from July 9 to 22, which affected the group’s upstream manufacturing operations based in Seremban.

The mandated 60% workforce capacity in the country, when operations resumed on July 23, also resulted in lower production volume of disposable examination gloves.

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