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.

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