UMediC all set to reshape its earnings profile

Phillip Research pointed out that the company was also “moving up the value chain by expanding into high-end patient monitors and smart hospital solutions.

PETALING JAYA: Phillip Research is optimistic about the prospects of UMediC Group Bhd which is pressing ahead with an expansion strategy that is set to reshape its earnings profile over the next two years.

The healthcare equipment maker is on track to double its manufacturing capacity to 12 million units annually by the first quarter of calendar year 2026, supported bysignificant plant expansion as well as new automation investments.