Medtecs full-year profit tumbles 87% to US$17.3m on lower PPE, | SGX Market Updates

Medtecs full-year profit tumbles 87% to US$17.3m on lower PPE, face mask demand
https://www.businesstimes.com.sg/companies-markets/medtecs-full-year-profit-tumbles-87-to-us173m-on-lower-ppe-face-mask-demand

PROTECTIVE gear manufacturer Medtecs International on Tuesday (Mar 1) posted a net profit of US$17.3 million for the full year ended Dec 31, 2021, 87 per cent lower than the US$131.7 million posted in the year-ago period.