UMediC forecasts raised on strong pre-tax profit


PETALING JAYA: Medical device manufacturer UMediC Group Bhd’s profit forecasts for the financial year ending July 31, 2026 (FY26) and FY27 have been raised by 16% and 12%, respectively, by Hong Leong Investment Bank Research.

This is after the company reported fourth quarter ended July 31, 2025 (4Q25) financial results late last week that came in above market consensus.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
UMediC ,

Next In Business News

Well Chip posts FY25 net profit jump to RM86.15mil
Angkasa targets 2026 revenue to reach up to RM75bil
Aeon Credit issues RM100mil five-year senior sukuk
Late bargain-hunting lifts Bursa Malaysia to end higher
Net foreign inflows into Malaysian bonds reach RM951.9mil in January - RAM Ratings
Hong Kong shares fall after Lunar New Year break, tech drops
Oil heads for first weekly gain in three as US-Iran tensions brew
Bursa Malaysia lower at midday amid hawkish US Fed cues
I-Bhd delivers higher FY25 earnings of RM55.74mil
Malaysia's Jan exports jump 19.6% as E&E demand climbs

Others Also Read